He believes Intel's growth rate is slowing and that the company's average selling prices will continue to decline. I think he has a point, though it's unclear how that will impact the share price of a company enjoying such a dominating position. More troubling is the Panglossian optimism that ignores current events. A lot of rosy forecasts are discounting the fact that the entire semiconductor industry continues to reel from the impact of the Asian economic crisis. Big computer makers like IBM and Compaq are doing deals with AMD and Cyrix, shattering the myth that a quality computer needs Intel inside.
Intentions are one thing, of course, and purchases are another.
There are still lots of mixed signals out there and no surefire crystal balls. The Finn who invented Linux seems quite amused, even surprised by the importance accorded him. Which may be exactly why he deserves to be important. Custom News ZDNet News brings you a summary of top headlines each business day. ZD Inc. ZDNet Logo is a service mark of ZD Inc.