SI
SI
discoversearch

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: Andreas who wrote (74999)3/1/1999 7:28:00 PM
From: Amy J  Respond to of 186894
 
Andreas, Re: "Indeed, most companies are already y2K compliant"

Is this true?

Last month, several F500 companies unexpectedly increased their Y2K expenditures. A Y2K contractor wrote in a publication she's booked past Jan 2000 because the workload is so high; can't get it all done before Jan 2000. I don't know if her article was credible. But the article about F500 companies unexpectedly increasing their Y2K expenditures came from a credible publication and it quoted numbers.

So, please let me know if you found new reports indicating most companies are already Y2K compliant.

Amy J
p.s. Agree with a lot of your comments on Jim Seymour's article.



To: Andreas who wrote (74999)3/1/1999 7:30:00 PM
From: t2  Respond to of 186894
 
Here is the real reason for Computer Industry Slowdown.
At least Micron gave the real answer. Even if PC companies have problems this quarter does not mean Intel is doing poorly. No wonder Intel stock bounced back.

cbs.marketwatch.com

Here is a part of the story:
Intel to blame

The company said the "late-quarter timing" of Intel's (INTC) Pentium III chip release, which was brought out for sale Friday, resulted in purchase deferrals.

Micron Electronics' Chairman and Chief Executive Joel Kocher said a large percentage of its customers are "power users" who want to wait for new technology and were tempted by Intel's promotion of its Pentium III processors.

"The major issue was Pentium III," Kocher said. "Unfortunately for us, the timing could not have been worse." But the company said it will probably benefit from Pentium III sales in its third quarter