Appolo,
Disagree with a large swathe of your post on Intel
because it was a classic gorilla
Where did it have a lock on proprietary, open technology after the license to AMD?
Intel has a good track record in management
When Andy Grove was CEO, maybe. Since Craig Barrett has taken over, we have two missed quarters in 1999 and now the Q2 2000 disaster. These guys act have acted like "a bunch of monkeys."
and is appropriately venturing into new territories.
Agreed, that is why we should stick it in the Watch and Wait porfolio. Just like ELON. In your own words, "we learn that non-PC chip divisions are losing money." Let's see if Intel arrives at a market that pays off.
I think Intel is challenged on multiple fronts, and the transition now will be painful. I think the Market is less forgiving now than a year ago, as Intel cries Wolf more than once. I think it will take a lot of time to turn this around.
I think you are making the case for moving Intel to the watch and wait portfolio. It is not a gorilla, faces slowing revenue, and dominates no exciting chip markets.
Overall, and for a long time, Intel's management has generally been good; combine this with $13 billion in cash, and give them a couple years, and I would still think Intel will be in a strong position(s) at that time.
There is no clear sign the Intel under Barrett can find its bottom with both hands.
2. To the best of my knowledge, NOBODY has the FAB capacity that Intel has. Many feel that this is the hidden strength, perhaps the source of its gorilla-ness. Combine management, with cash, with unmatched FAB capacity, with name brand, with a very long history of hi-tech relationships, and it seems to me all of the pieces are in place.
Some believe that this cycle of semiconductor expansion is long in the tooth. If correct, capacity may actually be a negative.
Whether these pieces will be wisely integrated in a way that will lead to a championship run is unknown. I think the key is management.
Again, Watch & Wait.
the thread will likely call on that dope, Apollo, to conduct another semi-annual Portfolio Survey.
Apollo is not a dope. Rudeness is not tolerated here. I encourage you to use a PM to apologize to that fellow.
saukriver |
