Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Road Walker who wrote (100365)	3/6/2000 12:43:00 PM
From: jackrabbit	Read Replies (2) of 186894

Re: I'm excited about Intel's future prospects, disappointed that it appears that they have let their core business slip. This quote from Craig Barrett was a stunner: Q: How far along are you in reinventing Intel? A: One of my measures is how easy it is to get our senior and midlevel managers to go off and work in new areas. If you go back two or three years, the road to success at Intel was working in the desktop-products group. Today, I hear complaints from the microprocessor guys that they're losing their people to go work in the new business areas. I consider this a success. Barrett's reference to the CPU business as a "creosote bush" seemed pejorative. I was also surprised to see that he has scrapped a lot of Andrew Grove's organizational structure and philosophy. (if it ain't broke . . . ) Like you, I have no problem with investing in new business areas, if and only if the CPU castle is properly defended. I just hope Barrett is up to that task.

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