Maui,
You seem to be saying, correct me if I'm wrong, that you are willing to sacrifice leadership in microprocessors (IAG) to focus on the other 4 business groups.
I'll tell you what I know about the new groups. Combined, the wireless, network communications, communications products, and new business groups had about 16% of Intel's total revenue in the 3rd quarter. They lost about $850 million. Intel's guidance is that revenue from the 4 groups will grow about 50% in 2000, including new acquisitions. That's about it as far as information (that I know) goes.
So you may be building "A" level businesses within these groups, but I'm not sure, as a shareholder, how you make that evaluation. And with 84% of your revenue, and over 100% of your profit in the IAG, it seems to me that you better mind the store while you adventure into new areas. Areas that are not currently successful.
All that said, I'm not sure that focus is the problem.
John |
