Tony, >>>However, sentiment is way way down now for Intel and the PC stocks.<<<
I agree. There is a great deal of confusion about Intel, as it is, and Pfeiffer is the type of CEO that would try to add to the confusion knowing that confusion would more likely help than hurt him.
Most people participating on this thread are quite knowledgeable about microprocessors but the investing public may not know much about it at all. Some will confuse a microprocessor to a TV or other home appliances and make these crazy analogies and miss the big picture.
The big picture, IMO, is that microprocessors are still in its infancy in terms of what it will be able to do 5, 10, 15, or 100 years from now. Whereas, a TV by definition will not change much in 100 years.
As an example, chances are that any well educated person growing up in the next century will have to own four or five PC's before they get out of graduate school. People without the resources to own PCs will be at a serious disadvantage.
Why would a well financed college kid of the future own separate devices for a TV, VCR, calculators (remember slide rulers) , sound systems, notebooks, personal communicators, research tool, and report writer - when it all will be incorporated into one device. How will the person (or student) of the future exist without such a device? How many jobs will there be that will rely purely on manual labor and not require the use of a computer? And, how many manual laborers will go home and not need a computer to communicate or manage whatever finances they have without a computer?
Isn't it inevitable that every person on earth, who is to be educated, have to have this kind of device. A device that will inevitably perform functions that we can't even dream of today.
There are those who think that they are ahead of the curve calling for the end of the PC era. Are they kidding?
The point is, whoever can dictate the standards for the PC microprocessor will most likely be able to florish and profit fifty or one hundred years from now. Focusing on PC microcprocessor demand on quarter by quarter seem foolish.
Mary |
