wannab:
Seems I've touched a nerve...Not too nice when not even "heavy cosmetics" can conceal any longer the fast diminishing empire...
"So, yes, Intel is $10 billion smaller than they were last year, and eventually, their balance sheet needs to take into account the $7.5 billion in manufacturing, and the $4 billion in R&D that they have spent this year, but fortunately, they have the cash reserves to afford such copious spending on a harsh environment. Of course, they can't continue much longer, and have already admitted that."
Don't tell Paul, but now that you mention it, that does seem to about sum it up at INTC...Not a pretty sight...By the way, since you're speaking for Paul, ask him what INTC's y2000 statement says if it didn't say $10.535 billion in net income...Well you're at it, load up in INTC at $25...Forgive me if I keep purchasing AMD at $10 but I really like Athlon XP's chances vs. anything I've seen offered by the competition.
Footnote: My INTC references are in direct response to the Intellabee baiting...The point I'm trying to make is that if AMD is experiencing hardship, it pales in comparison with that being experienced by INTC...INTC's large P4 price drop today suggests strongly to me that despite pulling out all the stops over the past 6 months to launch the P4, the P4 remains a very sick patient... |
