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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Amy J who wrote (174197)6/14/2003 2:17:32 PM
From: hueyone  Read Replies (3) of 186894
 
You know, there are huge advantages to being private - check out Bechtel - they generate billions in revenue -- all under the confidential protective covers of a private company.

I suspect some Silicon Valley companies couldn't make it as privately held companies. After all, they would have to give up the massive transfers of wealth from outside shareholders that are subsidizing operations. Managing and funding a company from actual operations as opposed to relying on public equity financing to subsidize operations would be an entirely new experience for some Silicon Valley managers---Tom Siebel for example. I think SEBL would have been long gone were it not for the public markets and outside shareholders sucked in by hype and overstated profitability.

JMO, Huey
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