Intel Corp (INTC)

[Saturn V]

I like the good professor do not like the Disk Drive business either. It is basically a commodity business, with several players and razor thin margins.

In addition the technical threat from Sold State Memory may lead to a gradual shrinking of the market place. NAND is more cost effective for Lowend Nettops with small disk memory. Servers will also suffer attrition since Solid State NAND memory dissipate far less power and provide higher performance. Intel is championing NAND for this reason. Google is rumored to be considering a switch to SSD based data centers. Long term Intel may not stay in the commodity business like NAND, but irrespective, the trend does not bode well for disk drive makers.

I am not sure about PCM either. It is very hard for a new technology to quickly break into the fast moving, high competitive and cutthroat memory market. PCM will have an uphill fight with two tigers of NAND and hard disk makers.