Zeev's Turnips Patch-No Politics (ZEEV)

[blimfark]

RE: INTC - I work in the I/T group for a big insurance company. We have several thousand employees in NJ and have deferred spending on desktop and laptop replacements which would normally be on a 3 or 4 year cycle. We have deferred those upgrades for the last 2 or 3 years, but are now being forced to upgrade many of our desktops/laptops because of a migration to Windows XP Professional. Our older hardware will not run XP Pro. I suspect Mr Softie is pressuring it's corporate clients to move on up to XP by adding new features and dropping support/increasing maintenance pricing on older NT licenses. So that being said and Mr Softie churning the waters, I believe that much of this pent up demand has to start being satisfied and that 4Q03 and FY04 will be strong. I'm hoping for a nice pop in INTC in the morning. Went long and deep this afternoon and would like to close half my position shortly after open.