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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (66233)	8/15/1999 9:52:00 AM
From: Joan Osland Graffius	Read Replies (1) of 132070

MB, nytimes.com I wonder if this management can be successful at this game. This great experiment did not work in the early 80's, and even more risk at Intel because of the fast moving change in technology. The only way I can envision success if they have fellow like Jack Welsh at the helm. This requires an organization structure that can dump unprofitable businesses overnight and buy the businesses that will be profitable during the next economic cycle. It also requires that each and every business unit is number 1 or number 2 in the market place. Jack always bought business that were mature and proven. It does not look to me like Intel is doing that at the present time. Looks to me more like a casino, with high stakes games. It is my opinion that the cash at Intel must be used for low risk investments. They can not afford a failed bet. It will be interesting to watch. Joan

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