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Technology Stocks : Intel Corporation (INTC)
INTC 39.49-3.2%1:45 PM EST
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To: John Hull who wrote (144198)9/26/2001 5:33:43 PM
From: brushwud  Read Replies (2) of 186894
 
re: "Intel buying into 500 dot-coms in the past few years was visionary genius."

Of course this is an inaccurate description of what Intel has done.

What, the 500, the dot-coms, or the visionary genius part?

And the >$3B in gains realized from our investing activity will pay for a fab or two this year.

Now that's an inaccurate statement as well. I don't think Intel has realized anywhere near that much. I think they did make over $1 billion from their investment in MU, which was ironic & accidental because they did it to induce Micron to make RDRAM and now Rambus & Micron are suing each other. But they continue to lose a ton every Q on their walking-dead attempts at diversification.
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