We have the opportunity to deliver better performance in 2007. Therefore, we are canceling a product and replacing it with something else.

IA-32 EL provides much better performance and flexibility for 32-bit applications on Itanium. With Montecito, we took back the silicon area that was being used up by the x86 hardware support.

After talking to a number of end users, we found that running 32-bit applications [on Itanium] was not a common usage model.

It was required for us to do additional work to meet the production-level quality Intel is known for.

In order for us to deliver the highest-quality production parts, we need some additional time.

It was an opportunity to see the young guys perform. But I wasn't very happy with the performance. It wasn't very good.