Jeffrey Maxick Quotes (11 Quotes)

If you look at a company like Dell, it's gone up so much so fast that there was little support between 120 and 130, so its not surprising that they would give some of it back.

The market already knows this is going to happen. There are so many things going wrong for the company right now, and this is just one.

Companies have to invest in research and development, lest their competitors pass them by. And they have to spend money in sales and marketing to make sure their products are getting their due in terms of promotion. Right now, the environment is so competitive that it's impossible to shift the increase in costs to the consumer, and companies are getting their margins squeezed.

Right now we have 45-percent PC penetration in the U.S.. It will be years before we see that in China. There's no need for the Internet right now. They have plenty of other problems.

There are so many poor people in China, and they don't need a super-powerful system. As long as they can get something cheaper and still communicate, that's all that matters. Access to the Internet is the most important thing.

It's really tough to say how that will pan out. Set-top devices could be one of the major avenues of getting on the Internet. For the masses who don't deal with computers on a regular basis, they'll feel more comfortable with using a TV for access.

It will be a long time before the trial is over, and the stock will have gone through all sorts of gyrations in that time. It's not going to be a huge surprise when the decision is announced. I don't think when the day of reckoning comes the stock will move that much.

Stocks don't always trade in conjunction with their business fundamentals. Companies like Compaq and Dell don't have big overseas exposures. They're just getting caught up in this general market sell-off.

It's definitely the next big boom, if it's not already, for the PC market. If you talk to Intel, they say China is their third largest market behind the U.S. and Japan. It passed Germany recently. And with PCs getting cheaper, that will be good for Internet companies.

The question is can they offer it free without it looking like predatory pricing. I'm not sure they can do something that extreme when in the next six months they'll be getting some kind of judgment in the Department of Justice trial.

It will take five to 10 years for China to become a major force. We're still talking relatively small numbers. I can easily see 100-percent growth in the next couple of years.