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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: kash johal who wrote (111876)9/29/2000 8:46:35 PM
From: Tenchusatsu  Read Replies (1) of 186894
 
Kash, <I have said it many times Barrett is a bust.>

I disagree. I think Barrett is unfairly being blamed for most of Intel's troubles. Yes, the finger must point somewhere, and yes, as CEO it's Barrett's responsibility to fix things. But I feel like getting rid of Barrett would be like tossing out the baby with the bathwater. And there's no guarantee that whoever replaces him will do any better.

In short, I am no fan of the George Steinbrenner method of "reorgs". Barrett has proven himself to be a fine manager back during his COO days, and there's no proof that all of Intel's troubles can be traced back to his shortcomings (unlike Eckhard Pfeiffer, I suppose). Perhaps with the Timna cancellation, the alleged Pentium 4 delay, and the time it's taking to release Itanium, Intel is trying to prevent further screwups once and for all. Maybe then, Barrett will once again be seen as a great CEO instead of the embarrassment of the semiconductor industry.

Tenchusatsu
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