Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Engel who wrote (67226)	10/23/1998 3:10:00 AM
From: Tenchusatsu	Read Replies (2) \| Respond to of 186894

Paul, thanks for the article. Here's one part which really made me drool: <In addition, Sequent will show off a server that employs 32 450-MHz Xeon processors at once on Monday, he said. This would be one of the most advanced applications of this chip so far, which has been typically limited to two- or four-processor machines.> Here's proof that you can never have too much power. By the way, I wonder how much Sequent is going to be selling these big-iron 32-Xeon servers. I also wonder how well it will do in the benchmarks against a similarly-priced Alpha 21264 server. Tenchusatsu

To: Paul Engel who wrote (67226)	10/23/1998 12:53:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

Paul, Re: " Intel Investors - GOOD NEWS - The XEON Bugs have been FIXED." That is good news for Intel investors, bad for the shorts. I remember that you and Elmer saw that the previously announced "workarounds", that allowed Intel to keep shipping Xeons, were test screening rather than root cause fixes. Now, looks like they have the root cause fix(es). The talk about Sequent, they just announced breakeven results for 3Q98, vs. a loss a year ago, but they had slightly higher revenues a year ago. From their Finance VP and CFO came an unusual statement about the quarter, which even CNBC talked about this morning: "With less than $1 million in product revenue from our largest account -- versus more than $25 million in the third quarter a year ago -- the company's reported results were right in line with our financial targets,'' said Bob Gregg, Sequent's senior vice-president of finance and chief financial officer. ''What the results don't show is that we also hit our unreported bookings target for the quarter, significantly enlarging our backlog position. Talk about bad news/good news! I wonder who that largest account is/was. The server market is kind of weird. Hard to figure who's going to clean up, like the technology "value added" types like Sequent, or the boxmakers like Dell. I know who I wouldn't bet against. Tony