Rick Whittington Quotes (8 Quotes)

It was a very strong performance in microprocessors and an expected but welcome improvement in what's been a disaster in flash memory.

Whether top-down or bottoms-up, the facts today point but in one direction that of sustained, significantly above-trend growth at least through the end of 2000, with virtual certainty of vigorous growth through 2001 and even the likelihood for continued expansion though 2002 as well,

It's now clear that Intel will not catch up until its 45nm hits the street, probably in 2008 but possibly late 2007.

Although I'm extremely bullish on the chip segment, Micron is the one stock I'm not recommending, ... I think they're going to have to tread water until they can demonstrate that they are able too increase their profitability. Right now it looks to me like there's too much DRAM supply.

This potentially reminds of similar events two and half to three years ago when Intel was ramping its 90nm process, from the predecessor 130nm, and did not achieve efficiency previously taken for granted in process transitions, ... Here they are at 65nm our view is they cannot afford to repeat history now that AMD is about to ramp a large, modern production facility.

Growth drivers are perceptibly decelerating and offer minimal forward visibility as communications end-markets join previously stalled cell phones and PCs in blunting the continued rapid demand growth.

I think this is starting to be a longer issue for this company.

Since declining over the past week, it is our opinion that the shares of each microprocessor supplier sufficiently discount potentially slower PC sell-through as well as the potential for aggressive pricing this winter. We continue to receive confirmation of strong notebook PC and server demand, even if desktops are less clear.