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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Road Walker who wrote (174248)4/25/2003 5:28:26 PM
From: The Duke of URLĀ©  Read Replies (1) of 186894
 
' (with ~11$B in shareholder money), and killed, dozens of companies. Companies that bled huge Intel losses for years; the losses came right off the top of semiconductor profits'

Intel Capital was worth 11 billion at the top but I don't think it cost 11B.

But I understand your point on interim losses incurred in r and d but I don't know enough to say that that it was unsuccessful. I know Intel paid .5Billion in stock to acquire Level One. But if Level One technology was responsible for Centrino it may be that they will make that back in 3 days of sales.

I know that Intel lent Micron 500Mill securred by convertible preferred and made 1.9 Bill on the deal. These would all have to be considered in criticising Barrett and Intel capital.

I don't have enough of the facts to make a real judgment. But as far as paying an executive too much, you are right it will have the opposite effect of what was intended.
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