It's a series of stumbles that Intel has had over the last 12 months. They had the inventory correction among the PC makers. And the pricing competition. The sub-1,000 PC got away from them and they had to play catch-up, so a number of things have happened.
More Quotes from David Wu:
We like Analog Devices ( ADI Research , Estimates ) because it's a leading company in the analog segment of the semiconductor industry -- and the analog segment I think this cycle is looking better than it's ever been because of the proliferation of the devices other than PCs. So Analog is riding on that curve. They're the fastest-growing analog company in the last several quarters, and it also has better margin than it ever had in its history, as a public company.David Wu
Together, we will not fail Oregonians, ... Oregon will be prepared, and they will receive the competence and compassion from government they should expect.
David Wu
That's enough that you have a chance of beating the competition. If it had been a 20 percent improvement, you don't have enough to write home about.
David Wu
Based on the latest pre-announcements from Gateway and Hewlett-Packard, the depth of the downturn in December 2000 was deeper than we would have thought, even after a downbeat field trip to Taiwan,
David Wu
In Portland and the Willamette Valley, our buildings need to be made much more earthquake resistant. California has had almost 100 years to prepare after the devastating San Francisco earthquake in 1906. Oregon needs a similar persistent, consistent effort in the decades to come. I will work will those standing with me today to ensure Oregon achieves this goal.
David Wu
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