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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (109892)9/13/2000 11:33:51 PM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Stephen - re: "Whittington gets a change of heart since 9/8 "

A change of heart ?

That was a 180 degree REVERSAL !

"From the best I can tell, Intel is having as strong a [current] quarter as advertised," says Rick Whittington, an analyst at Banc of America Securities based in San Francisco. "I don’t think there is any weakness in Asia, other than their inability to get enough product to customers."

Whittington notes that Intel executives have admitted they underestimated demand for their microprocessors over the past nine months, which led to shortages in supplies for some Asian companies that build finished systems.

But Whittington says that too much demand is actually a pretty good problem, all things considered.

He continues to rate the stock "strong buy" and says he sees it going back up to the $75 12-month price target he set earlier this year.

"Intel has been scrambling to add capacity, and we’re starting to see that bear out with steadily improving conditions," Whittingon adds.

Whittington scoffs at the idea that Intel won’t be able to find the new markets needed to sustain historic growth levels."



To: puborectalis who wrote (109892)9/14/2000 12:24:24 AM
From: SisterMaryElephant  Respond to of 186894
 
Stephen,

<Whittington gets a change of heart since 9/8 >

Good find. As if some of us were not already perplexed.

Here's a couple of news items...

Sony Unveils New Designs for Fall 2000 Desktop PC lineup; VAIO Digital Studios Reflect Stylish Flair and J Series Powers Up

SAN DIEGO--(BUSINESS WIRE)--Sept. 13, 2000--Power and style are uniting Sony Electronics' newest members of the VAIO(R)desktop PC family announced today.

In addition to several performance enhancements such as a 1GHz(1) processor and more expandable memory, the ever-stylish VAIO Digital Studio(TM) series shows off a design that looks more at home in an art gallery than Silicon Valley. The new case is both fresh and functional, as the top and the side panels of the mini-tower PC unlatch--giving users quick and easy access to the components when upgrading their systems.

"Accented with contemporary lines, the Fall 2000 VAIO Digital Studios take desktop computing beyond the traditional beige box," said Rich Black, Sony Electronics' marketing director for desktop PCs. "These new systems prove that beauty doesn't have to be sacrificed for powerful computing."

Also new to the VAIO Digital Studio series is a 15-inch TFT-LCD display with a digital interface, which offers a 1024 X 768 maximum resolution--all of which creates visual clarity and a space-saving design.

The popular VAIO J series delivers solid entry-level computing with upgraded performance. The new VAIO J120 features an Intel(R)Pentium(R) III 700MHz(1) processor with more expandable memory at an estimated selling price of $999.99(2).

VAIO Digital Studio PCs

Designed for the PC and video enthusiast, Black said that the VAIO Digital Studio series desktop PCs (PCV-RX260DS, PCV-RX270DS and PCV-RX280DS) comprise the next generation of computing and digital imaging convergence. The models focus on power and creativity by emphasizing digital imaging, movie editing, video e-mail and music.
The DVD drive on the VAIO Digital Studio series is ideal for video playback of popular DVD titles, and the CD-RW drive is a solid storage medium for all the personal memories created through the included MovieShaker(TM) software.

The new VAIO Digital Studio desktop PCs incorporate the latest processor technology from Intel, including the Pentium III 800MHz(1), 866MHz(1) and 1GHz(1) Pentium III processors. All systems come loaded with a V.90(3) integrated modem, 10/100BaseT Ethernet, two i.LINK(R)
(IEEE 1394) and three USB ports (two on PCV-RX260DS), as well as Sony's easy-to-use MovieShaker digital video editing application, starting at an estimated selling price of $1,399.99(2).

VAIO LCD Display

Taking a style queue from the VAIO Slimtop series, the Fall 2000 Digital Studio series now offers a 15-inch, TFT-LCD display with DVI digital interface. The VAIO PCVA-15XD2 features 1024 X 768 (max.) resolution, displaying over 16 million colors. The unit is compatible with the new VAIO PCV-RX260DS and PCV-RX280DS models at an estimated selling price of $899.99(3) (after $100 mail-in rebate when purchased with the PCV-RX270DS or PCV-RX280DS).

VAIO J120

A solid choice for the first-time buyer, novice video editor and Internet enthusiast, the PCV-J120 draws performance from a 700MHz Intel Pentium III processor. The J120 also features a CD-RW drive with a data capacity of 650MB per CD, which can record up to 60 minutes of MPEG-1 video, as well as a 20GB(4) hard drive. Other features include a V.90 integrated modem and a network interface card--both items geared for current dial-up and future high speed Internet connections.

Like its predecessor, the VAIO J100, the VAIO J120 hosts
connectors and ports that are geared toward compatibility and future connectivity--these include parallel and serial ports, two i.LINK and two USB ports, and an open PCI slot for flexibility in expansion.

MovieShaker

Pre-loaded on all the VAIO Digital Studio series and the J120 desktop PCs, the MovieShaker digital video editing application simplifies the creation of digital home movie, giving the user every director's dream: total control. Even the complete novice to DV editing can now easily re-arrange scenes, insert customized text and audio, and select appropriate transitions. The finished movies can then be shared in various formats ranging from a compressed e-mail
attachment to a high-quality DV format and copied onto a CD-RW disc.

"This software is proof positive that the digital revolution is coming home at last with broadcast quality video editing, " Black said. "Any family can now have access to the breadth and quality of entertainment that was previously unheard of for the home."

Digital Video Editing Software

The VAIO Digital Studio desktops and the VAIO J series feature Sony's complete suite of digital video software, including DVgate(TM) Motion and DVgate Still(TM). This features allows the user to capture full motion digital video and still photography for dynamic multimedia
presentations or even video e-mail. Sony's PictureGear(TM) version 5.0 software is included for enhanced management of digital content - both sound and video files. Users can visually organize and manage personal digital content collections, including still images, digital video clips, MP3 files and more.

_____________________________________________________

Intel Releases Computer Vision Software for Linux; Intel and Computer Vision Researchers Deliver Technology to Boost Use of Video to Interact with Computers on Linux-Based Systems

BRISTOL, England--(BUSINESS WIRE)--Sept. 13, 2000--Intel Corporation today announced that it has released the first Linux(a) version of its Open Source Computer Vision Library. The Open Source Computer Vision Library provides a wide range of functions, including gesture recognition, object-tracking, face recognition and camera calibration, that will help researchers develop ways to use "computer vision" as a method for people to interact with computers. The announcement took place at the opening of the industry day events at the eleventh British Machine Vision Conference. Earlier this year, Intel released a computer vision library and its source code for Microsoft(R) Windows(a).

Since the Open Source Computer Vision Library was first announced at the IEEE Computer Society Conference on Computer Vision and Pattern Recognition in June of this year, over 500 researchers worldwide have joined Web-based computer vision user groups.

Intel will facilitate the growth and maintenance of this library by accepting and maintaining submissions of source code content reviewed by a panel of experts from the computer vision community. Reviewers include representatives from major vision laboratories. This open source software release includes C source code for all of the library's functions and a royalty-free redistribution license. The library may be downloaded from www.intel.com/research/mrl/research/cvlib/, and researchers may join the user group by sending email to OpenCV-subscribe@egroups.com.

Intel's Microprocessor Research Laboratories are the leading developer of microprocessor technology. Its international research facilities are working on various areas, including microprocessors (circuits, architecture, compilers, etc.), platform architecture (buses, caches, memory, interconnect, etc.) and core human interface (speech, natural language processing, video, vision, graphics, new devices, etc.).
___________________________________________________

SK



To: puborectalis who wrote (109892)9/14/2000 12:06:33 PM
From: Harry Landsiedel  Respond to of 186894
 
stephen karasick. Re: "Whittington gets a change of heart since 9/8 comments....." Thanks for posting that.

Here is a typical bearish sentiment, when companies like Intel get successful:

"When it comes to Intel we’ve also been more bearish than neutral," says Dan Scovel, an analyst at Needham & Co. in New York.

"As big as they now are, it’s going to be much harder for them to sustain their historic growth rates over the next few years," Scovel adds. "When you get to be a $30 billion company, that means you need to find a new $6 billion market next year to grow at 20 percent. And then it gets even harder the next year."

Scovel has a "hold" rating on the stock and says he isn’t a buyer at current prices."


The reality is that the bigger and more importantly BETTER that Intel gets in this business the more opportunities Intel has to grow: 1) controling the technology makes Intel a gorilla, 2) Increasing power (Moore's law) leads to faster upgrades and MORE computers/devices sold not less, and 3) Ability to move up the curve to more back office/ enterprise computing as mass mfg and better chips are perfected. Not to mention branching out to communications chips.

These guys don't understand the model.

HL