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Technology Stocks : Intel Corporation (INTC)
INTC 36.26+0.5%3:59 PM EST

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To: semiconeng who wrote (142446)8/30/2001 12:16:18 PM
From: Road Walker  Read Replies (1) of 186894
 
Semi,

re: For quite some time, intel has been diversifying their business out and away from their core CPU Business. In the past year, they have bought up multiple companies in the Networking and e-business areas. They were criticized thoroughly at the time for "not focusing on their core business", but now it is beginning to look like that was exactly the right strategy.

Intel would be fine if not for the "other" businesses. That's where they are losing money. You and I can disagree about how wise it was for Intel to diversify all over the place, but the numbers tell the story on the success of microprocessors and the failure (so far) of communications and networking.

Some folks forget that semiconductors are a cyclical business. Just when they claim that "everything has changed", you get an upcycle.

John
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