22 Quotes by David Powers
- Author David Powers
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If god created man in his own image, how come I'm not invisible?
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- Author David Powers
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President Kennedy was the greatest man I ever met, and the best friend I ever had.
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I'm just a newsboy who met a President.
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Motorola finally has the wind behind their back, ... The semiconductor industry is in the early stages of a recovery. We're really seeing the profitability of Motorola start to improve. We think that will continue over the next two quarters and during the second half of the year as well.
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From Intel's perspective, this is a new market they're trying to enter that has high margins. They need to be successful in order to offset the low-end market.
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Keep in mind that it's only a six-month delay, so it's not catastrophic ... (But) right now there are a lot of clouds in the sky. There's speculation that their second quarter will be difficult. There's the problems in Asia and the sluggish Japanese economy. A lot of things don't bode well in the near term.
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I think investors are really pleased with what they heard about the future guidance for the second half. We think that the second half will indeed turn out to be better for Intel. It's seasonally stronger for them. At the same time, they're doing an excellent job reducing their cost.
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My view is we continue to trade in a sideways pattern for the rest of the year.
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Management gave no assurance as to when business is going to improve.
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