Dan Niles
Dan Niles
against increased intel market past percent price seen share war
Over the past two years, AMD has increased its market share against Intel from 13 percent to 21 percent. For those who thought the price war was aggressive, you haven't seen anything yet.
declines growth offset price seeing strong unit
The unit growth is not so strong as to offset the price declines they're seeing in their chips.
huge price quarter
There has been a huge run-up in price this quarter - unbelievable results.
price seen war
For those who thought the price war was aggressive, you haven't seen anything yet.
bombed higher hurting intel kept low performance prices pricing products
In the past, Intel has had much higher performance products than AMD had, so they bombed prices on the low end, and kept pricing higher on the high end. This time, AMD's got as speedy processors as Intel does at the high end. There's nothing Intel can do. They can't bomb prices without hurting themselves.
ahead business buying dying enterprise feeling fourth growth ibm obvious patterns people quarters ready stance systems third
Our stance has been in big enterprise applications, it was obvious that people were buying ahead to get their systems ready for Y2K. The mainframe business is a dying business, and our feeling was IBM would see it in the third and fourth quarters because the growth patterns weren't normal.
affect chip closely company generally good guys last overall positive
It doesn't get a lot better than that, especially for a company that just hasn't been doing very well for the last year. It's going to be good for them tomorrow, and that should have a positive affect on a lot of the other chip makers, especially guys that are closely related. It will have generally a positive affect on the overall market.
against current hard increase vote
If the shareholders vote against this deal, it is hard to see how she will remain. In our opinion, the only beneficiaries to the current increase in uncertainty are Dell and IBM.
believe booked intel loaded quarter seeing third
We believe that Intel is seeing the most front-end loaded third quarter in many years and is booked out for the quarter.
believe demand exceed fourth likely possibly quarter supply third
We believe that demand is now likely to exceed Intel's processor supply now through the third quarter and possibly into the fourth quarter.
believe call cents consensus double enable estimates good higher job lead levels margins operating several
We believe that Compaq also did a good job on the profitability front, which should enable operating margins to more than double from third-quarter levels ... this should lead to earnings-per-share at least several cents higher than the consensus First Call estimates of $0.16.
believe downside estimates negative pcs remain risk stock
We remain negative on PCs and semis and believe there is still downside risk to estimates and stock prices.
close half industry latter pcs people percent ready second sells stronger versus
We're getting to the latter half of the year. and typically, the industry sells close to 20 percent more PCs in the second half versus the first half. People are getting ready in anticipation of a much stronger second half of the year.
gives happen magnitude market miss move next pc pricing year
There could be a bloodbath in pricing in the first part of next year if they don't move inventories over the holidays. The magnitude of the miss gives you an idea of what's going to happen with the PC market next year.