Barrett is incompetent and the Board of Directors should REMOVE him. His comments are nothing more than amateurish speculation by someone who has a professional responsibility and obligation to not shoot off his mouth in front of cameras.
His comments by no means are reflective of what Intel is doing as a business, but rather just generalized pontifications about market segments. But as CEO of Intel his comments effect all investors.
This is not the first time Barrett has chosen to shoot off his mouth, on items he has no expertise on. But what should have got him removed for incompetence before, was when on his watch Intel warned, and then made their numbers after all. Put an engineer in charge of marketing and you get stupidity, but with Barrett he lowers the bar further.
Barrett is an example of an unimaginative CEO who has done nothing more than keep the wheels grinding that were already started. He had a job to not screw up the Microprocessor business, and he has failed time after time.
By allowing attentions to be diverted in a project with HP, on Intel’s crown jewels the X86 CPU, Barrett left enough exposure for AMD to come in and take huge amounts of Market Share, especially in unit volumes.
What of anything has Barrett ever done well at Intel? Focus on yields at FABs? That is hardly a skilled insight by a CEO. What has Barrett done with any skill and accomplishment? The answer is what is seems....NOTHING.
Barrett’s comments are inline with the financials already guided, but he communication style has once again cost Intel Investors market capitulation. So I say it again, it is time for a new CEO, its is time for Barrett to resign.
It is time for the Ranking and Rating of Barrett, and he is a failure by his own incompetent actions of today. |
