Seeking Alpha by Adding Beta

Finally the rumors of Sandisk buying M-flash became real - it's good that I did not sold few shares I had in M-flash. I think it makes a great deal since Sandisk buys a good company (except some stock options enquiry) with excellent technology in a growing market and at the same time gets access to critical patents and royalty income stream. Looks like the pace of consolidation in technology industry is gaining quite a bit of momentum. The article in WSJ on technology industry matruing was really good. Basically it says that technology industry has become matured and has already grown as much it can. Extending this logic, I beleive that market valuations in technology industry is not going to grow to 1999-2000 levels ever (tech industy accounted for 34% of S&P 500 valuation in 2000 - now it's 14-15 %). Maarket would move the valuations from one tech company to another company. e.g. Most of networking industry valuation is concentrating in Cisco whereas some of the internet

After a long break I am writing on my blog - I was off to India for my vacation and before that was too busy in finishing first year of MBA. Now that I have off from MBA@Berkeley, I can spend some time in writing up some stuff. Today AMD bought ATI technologies and that brought me to think - should Intel buy Nvidia. I think it will fit very nicely. First of all, Intel, unlike AMD can digest acquisition like Nvidia even if they paid about $8B (for about $ 23 per share). It would get Intel into graphics chip market which is grwoing faster than Intel's own business and fits well with it's focus on PC business (unlike its communication business). After AMD/ATI deal, Nvidia is also last pure playin this space. All other parameters like P/E, P/S ratios are comparable and even lower than Intel. Last but not least, it's right across the road from Intel head-quarters in Silicon Valley. Continuing on the theme of in-organic grwoth, I do believe that SanDisk should buy M-systems to ex