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Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

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To: wanna_bmw who wrote (172911)2/7/2003 9:56:41 PM
From: carl a. mehr  Read Replies (4) of 186894
 
It disturbs me when Amy J. in post # 172828 seem to praise Mr. Dunlap. She wrote:

At an SI lunch a few years ago, someone explained (forgot who) what Dunlap's secret sauce for success on avoiding anti-trust issues is. He intimidates the executives. Apparently, he runs around and scares the dickens out of people by jumping into their offices unexpectedly and demanding to investigate on the fly as if he were the gov't. Keeps the execs from even thinking about doing anything wrong and it sends the message that he's dead serious about getting after an exec if they even think about doing anything wrong.

wanna_bmw writes:
So now you think Intel is made up of a bunch of immoral thugs, huh?

Their actions speaks louder than my words. I would certainly hate to believe that, but there clearly are some shades of truth in that statement.


Inside Intel
by Tim Jackson
He tells about the legal department suing everyone in sight in order to hold on the its monopoly power. Many of these law suits were of a frivolous nature designed to delay competition. Intel's legal department spent hundreds of millions of dollars. At one point, the general counsel who headed it was told that one of the targets that he would have to meet in order to get a good performance appraisal was a fixed number of new lawsuits to start each quarter.

All I am asking for from Intel is honesty in their reporting of earnings, especially at this time when the earnings are being used to repurchase shares recklessly doled out.
I find it disturbing that the Inner Circle have sold their soul for a few shekels of gold...humble carl
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