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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts. -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (1026)	8/28/2001 10:17:32 PM
From: gem-x	Read Replies (2) \| Respond to of 2290

I totally agree with that mishedlo, the NASDAQ could make a blind run to 3700-3800, and crash hard to 2500. I'm not denying that, because after 5 waves up, the market gets irrationally overbought and corrects violently.

To: mishedlo who wrote (1026)	8/31/2001 5:33:15 AM
From: Joseph Pareti	Read Replies (1) \| Respond to of 2290

RE. : INTC BEAS SEBL etc are no longer growth stocks. PC are a cyclical industry. Companies will upgrade PCs every 4 or 5 years and that will be that. INTC should have a PE that reflects this state of business. It does not. How about listening to Paul O. rather than slinging BS ? ---------------------------------------- INTEL INSISTS FASTER CHIPS CAN AID SALES 08.31.01 FEATURES AND COMMENTARY HPCwire ============================================================================== San Jose, CA -- Chris Gaither for The NY Times: With the chip industry's speed race outpacing mainstream computer uses, a top executive of the Intel Corporation said that the computer industry must give customers more reasons to spend money on technology. The executive, Paul S. Otellini, an executive vice president, also said he expected Intel to meet its financial targets for the current quarter. The company, which is scheduled to update Wall Street formally on Sept. 6, had predicted that its sales in the second half of the year would grow slightly over the first half. "Almost by definition, anything has to be better than the first half," Mr. Otellini said, referring to a six- month stretch in which sales plunged. In a speech to hardware and software developers, Mr. Otellini, general manager of the Intel Architecture Group, promised that Intel would "continue to throw more and more processing power at the users." One day after introducing the two-gigahertz Pentium 4, the fastest microprocessor on the market, he punctuated that vow by demonstrating a prototype chip that runs at 3.5 gigahertz, or 3.5 billion cycles per second. But Mr. Otellini acknowledged that the rapidly increasing "clock speed" of the company's microprocessors would not be enough to spur the sluggish computer industry. More than 300 million of the world's 500 million personal computers use processors that run at or below 500 megahertz, a quarter the speed of Intel's newest offering, but consumers are not rushing to upgrade their machines. Mr. Otellini encouraged the 4,000 developers gathered here for Intel's semiannual forum to build devices and software programs that take advantage of the increased speed in the company's newest chips. The computer market will rebound when the industry makes products that people need to buy, he said. "Gigahertz are necessary," Mr. Otellini said. "They're necessary for the evolution and improvement of computing, but they're not sufficient." A Microsoft (news/quote) executive speaking at the conference said he expected Windows XP, the company's newest operating system, which goes on sale next month, to spur demand. "We should have a very good year next year, and by we, I mean the industry," said Jim Allchin, vice president of the platforms group for Microsoft. For its part, Intel described new technologies that it expects to improve performance in different segments of the industry. Mr. Otellini said Intel was working on a chip design for notebook computers that would allow the company to make smaller chips that use less power. For the first time, Intel is designing the mobile chip from scratch, instead of tweaking its desktop chip to run better in notebook computers. Intel also said it had nearly completed a technology that could improve individual chips' performance by 30 percent by splitting the work among different parts of a chip. The technology, known as hyperthreading, effectively fools the software into thinking that two separate chips are working on solving the problem.