Intel did very good business and created lots of great products in 2007. Multi-core processors, SSD drives and (hopefully) mobile processors will keep it growing in year 2008, too. Software and gaming is still figuring out how to use all that power that comes from parallel computing. Intel will have a lot to give to handheld computing in the next few years. About competition: AMD can't seem to copy Intel in time nor innovate anything better. Ati (part of AMD) is shadowed by Nvidia. I don't see why Intel would face tougher competition in 2008 than it did in 2007. In the mobile/handheld markets ARM is the big player, but they don't do multicore processors as far as I know, so there's a big opportunity for Intel. However, the market is going down, and maybe INTC will fall, no matter what they do or don't do. The progress in the last two weeks has been irrational, if you ask me. If NASDAQ turns up during this spring, I'll increase INTC. If it turns down, I'll increase QID.