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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: nihil who wrote (105913)7/19/2000 10:41:11 AM
From: jackrabbit  Read Replies (1) of 186894
 
Re: It is bad business to get out of a profitable business

I think you missed my point. The side businesses as a group are not profitable -- collectively they lost $850 million in the 2d quarter. To put it another way, they lost approximately 25% of what the core IABG business earned and operating earnings would have been approximately 33% higher without those losses.
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