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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Mary Cluney who wrote (139206)	7/15/2001 11:18:45 AM
From: dale_laroy	Read Replies (1) of 186894

>There is a history where when AMD was losing money and share prices plummeted, Jerry Sanders was very generously rewarded.< It is not always unethical for a CEO to be awarded generously while a company is experiencing major losses. A prime example of this is the CEO of Apollo prior to its acquisition by HP. This CEO was executing brilliantly during this time period while Apollo was swimming in losses. If it had not been for the guidance of this CEO, Apollo would have been in much worse shape. I do not always approve of Sanders actions, the worst of which was ignoring my advice to license the 6x86 core from Cyrix instead of proceeding with the K5, but even during this time period he executed the powerful moves of buying NexGen and hiring Dirk Meyers (followed by much of the former Alpha design team). Sure AMD was bleeding money like crazy during this time period, but the moves that they were making were the right moves.

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