Charlie Glavin
Charlie Glavin
believe both companies continue demand environment expect half intel inventory labor means pc pressure pricing push quite remains slippery slope trend visibility weak
We believe that the PC environment hasn't improved, and visibility still remains quite poor. We expect this trend to continue through the first half of 2001. As a result, we expect pricing pressure to continue between Intel and AMD through Labor Day, as weak end demand and inventory overhang continue to push both companies down the slippery slope of pricing as the only means of leverage.
believe channel checks continue cushion easing exposure intel leaving less notebook overall pc pressures pricing relative reveal strongest until
Channel checks reveal PC pricing pressures continue to ratchet up, with no indications of easing until mid-2001, ... We also believe that notebook demand, one of Intel's strongest drivers, has slowed, leaving Intel with less cushion relative to its overall exposure to the PC industry.
believe bright consumer cushion exposure japanese overall pocket provided spot
However, we believe a bright spot for (Silicon Image) was its exposure to the consumer Japanese market, which was a pocket of strength, and has provided some cushion to the overall softened demand.