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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%3:59 PM EST

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To: Sonny McWilliams who wrote (21734)5/13/1997 10:24:00 PM
From: Barry A. Watzman   of 186894
 
<Off Topic, but responding>

Remember AT&T ?

First, I believe that everyone is better off today as a result of the AT&T breakup, and I don't believe that the puppies are sick [the mother may be, but that is of her own making. Look what mama did to NCR, and that was a decade and a half after the breakup]. AT&T shareholders received stock in the "Baby Bells", and were probably better off. Competition was coming with or without the breakup, and AT&T didn't know how to operate outside of a monopolistic utility framework [and still isn't very good at it].

Second, the judge didn't break up AT&T, they did it themselves. True, they were in the middle of an antitrust trial that might have resulted in a forced breakup. But about halfway through the trial, they just up and announced that they were splitting themselves up, with no direction to do so from the court, although it might have come to that in a couple of more months or years at the conclusion of the trial.

I don't see this for Intel. There are no logical pieces to break it into. Even with Microsoft, you have operating systems [Windows] and applications [Office], but with Intel there are no logical pieces.
Well, actually, there are a few [motherboards, networking], but all combined they are probably not 20% of the whole.
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