Intel Corp (INTC)

[sgolds]

COMMON SENSE, I find his assertion that the replacement cycle is finished to be quite strange. By all historic comparisons, it should now be ramping up. His contradiction is here:

But now the replacement cycle has likely come to an end, and, with hope, companies are going to start hiring again.

Just what does Mr. Lahart to expect be put on the desks of many of those new employees?