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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (69730)8/24/1999 2:40:00 PM
From: Charles R  Read Replies (1) of 1573887
 
Tenchusatsu,

<Craig is more worried about continuing to make a massive corporation grow by 20% a year, which isn't going to happen without diversification.>

I have heard many companies give that line over the year and can't think of many that actually delivered on that diversification promise. Almost always it is a losers game.

Stock holders are better served if the company buys back stock instead of investing in the new "diversified" areas.

Chuck

P.S.: Check Intel's P&L, Intel's microprocessor product lines contribute to >100% of Intel's profits - that should tell people something.
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