Any way you slice it this company did what they said they would do, and their major competitor, Intel, struggles vastly.

There had been concerns that when you start up a new factory, it's not as efficient because it's new and you're still learning how to operate it properly.

We believe that IM Flash has been successful advancing the NAND roadmap, with 5-to-10 percent of production on 72-nm [technology]. We also believe MLC devices are very close to sampling, with engineering devices available for evaluation.

It's very similar to the way that Dell got started.

There's no way they can spin this one positively. It will put unit growth behind estimates.

There are pretty high expectations. Intel needs to show their technology road map and prove it.