To: Barry Grossman who wrote (48979 ) 2/27/1998 1:34:00 AM From: greenspirit Respond to of 186894
Barry, interesting article, I don't think I've seen it put quite this way before. <<<Shareholder returns are driven by two fundamental factors: changes in investor expectations about a company's future cash flows and changes in interest rates that affect the appropriate rate for discounting those cash flows.>>> Get's right to the point, quickly and clearly. If only it were easy to judge those variables. Here's an interesting little article...maybe only some of the old timers know about Intel chips.... Intel Code Names Revealed February 26, 1998 WINDOWS Magazine via NewsEdge Corporation : To keep track of Intel's technology code names, head for Oregon and other portions of the Pacific Northwest coast. There, you'll find several Intel offices, along with rivers and other area landmarks with names like Auburn, Portola, Deschutes, Katmai and Merced. By no coincidence, these landmarks also serve as code names for forthcoming Intel processors. Auburn, Intel's 740 graphics processor, could ship by the time you read this. Developed jointly with a Lockheed Martin Corp. subsidiary, Auburn supports 3D rendering and could usher in a new generation of advanced games and CAD/CAM applications. A second- generation Auburn processor, code-named Portola, is scheduled to debut later this year with even more advanced graphical capabilities. Similarly, Deschutes, a 0.25-micron version of the Pentium II, should debut early this spring. It operates faster and consumes less power than current Pentium II processors, which use a 0.35-micron manufacturing process. Deschutes processors will work with Intel's new 100MHz bus as well as next-generation SDRAM. In early 1999, Intel will follow with Katmai, which enhances the Pentium II's MMX instruction set and speeds floating-point operations. That could help Intel compete with RISC-based workstations, which generally offer superior floating- point performance. Following on Katmai's heels, look for Willamette, a Pentium II processor that runs at an incredible 600MHz. Intel will close this century with Merced, its first 64-bit processor design. Merced chips will combine RISC and CISC instructions to run new versions of NetWare, UNIX and Windows NT. Of course, you could have discovered these code names yourself by setting sail for Intel's Pacific Northwest offices. ______________________________________________________________________ Michael