Word: intel
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...seen. Look out below! The good news is that it's still too early to know if the profit cycle is really turning. We can hope that the current shenanigans ultimately represent nothing more than the fleeting worries of people who watch for such things. Indeed, technology bellwether Intel, among the first to report, said last week that it not only beat its year-ago fourth-quarter results but topped analysts' estimates as well...
Darn Speedy Link Intel, Microsoft and Compaq say they're developing a way to deliver ultra-fast Internet access over ordinary telephone lines. You could be surfing at 1.5 million bits per second in the not-too-distant future. Full Story...
Promises of higher speed on the Web may come and go, but the Digital Subscriber Line is one you'd better believe in. Why? Because when the combined forces of Compaq, Intel, Microsoft and the Baby Bells join forces on a product, and say they'll have it in stores by Christmas, you can bet the bank you'll be unwrapping it this December. It makes commercial sense for all concerned: "Microsoft and Intel's business depends on increasing bandwith," says TIME senior writer and tech expert Joshua Ramo, "and the margins in the phone business suck...
...When the Internet-powers-that-be work alone, however, the results are more dubious. Witness Intel's unveiling Tuesday of Quick Web technology, which will do little more than double the download of a 28.8 modem, while delivering clunky graphics and cached pages. Most surfers would likely prefer to wait for the wintel-Bell cartel to deliver. Next problem: how to handle traffic when everyone and their grandmother is sucking down a million bits a second...
Business Bytes What earnings worries? Intel beat the odds--and Street expectations--with a very rosy report, post-bell. It's up in after-hours trading. And the Dow cruised along all day Tuesday to end 84 points to the good. All that and more in the FORTUNE Business report. Check the numbers by index or stock-by-stock