Intel Hurting
by Steve Gibson, Sep 22, 2000 2:39am PDTBy the time most of you guys read this it will probably have already happened. (Market open, stuff going crazy) Intel put out a warning after the markets closed yesterday warning that their profits have taken a pretty big hit. In after hours trading alone their stock prices have dropped by 21%
The sales warning -- Intel's first in more than two years -- sent its stock plunging 21 percent in after-hours trading and dragged down other high-tech stocks. The late afternoon announcement by the world's largest maker of computer chips follows recent speculation global demand for microprocessors and personal computers is waning.Not to mention that little old AMD company... update Jack - Crap crap crap crap crap crap crap...
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Comments
tuff shit for people with intel stock. you can see that from the decline that the stock was steadily going downwards. As the trend shows, it is likely that it will go up, but probably fall more towards the end of the day tomorrow.
But what do i know.
Jack got... JACKED!!!
Get it? Jacked? h4w?! Bwahahhaha. okthatsenuff.
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crap crap crap crap......
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id software ate my balls page ->
http://www.geocities.com/SiliconValley/Program/7151/
LOL!1!!
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WE HAVE HAXORED YOUR M4RK3T. H4W H4W.
-AMD"
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#18, agreed.
BH
1) Under-estimating AMD when they shouldn't have.
Sure, the K5 was a pos. The K6 was an improvement, but not really a compeditor to the Pentium. The K6-2 gained ground as a compeditive product against the PII. There was a definite pattern here. The K6-3, imo, was a 'feign' to lull Intel mgmt while they re-vamped their production facilities to manufacture the Athlon. If thats true, it sure as hell worked. Intel knew about AMD building and reving up its production capability, but didnt do the same.
2) Thinking that they could ignore Moores Law.
Intel thought that they could just slowly incrimate the speed of its processors {50 mhz at a time} and milk the profits like they always had.
Again, they were ignoring the competition.
3) That whole RAMBUS afair... which they will continue to suffer from until 2002 when their contract agreement runs out.
4) Fux0ring the Camio chipset. A direct result of problem #1 and 2. It seems logical that since Intel thought slow incr of speed, and a slower introduction of RAMBUS for the 'high-end' users, they thought they had a longer 'window release' time for the Camio. They didnt. AMD was winning the MHZ race to 1gig.
Intel is still a good company, but its recent mistakes, and inflexible structure {lack of alternative options to RAMBUS and good fab facilities}, are compounding its problems. It can still turn itself around fairly quickly, but the overall trend in the last year has been very poor.
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people are making comments like "intel will die XYZ" and "wow amd really are thrashing them now"
and for processors and price - i agree
but intel has been market leader for a LONG FUCKING TIME! - I can assure you they could HAPPILY handle another 2 or 3 years of copping it in the ass from AMD, i saw we dont stir up a hornets nest - intel can still bite, - i'd rather the 2 companies at 50/50 odds or so - intel is sitll VERY powerfull ...
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Time to call the "Bob" consultants into the Intel offices.
I just wonder if a 'Michael Bolton' works at Intel... that would be too funny.
"Now, if I can get you to move your desk all the way back to the wall, that would be great... yeah. We have some boxes coming in, and we really need the room."
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eg. does it affect cpu prices, if not, then its not really news
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They have been saying for a LONG time that tech stocks are over valued which im a firm beliver in, and Intel was one of the big daddies... lets see where this goes.
Intel will be forced to revamp its operations and become more efficent to compete with AMD. Competition=good