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Technology Stocks : Intel Corporation (INTC)

INTC 36.08

-3.2%

Dec 17 3:59 PM EST

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To: smooth2o who wrote (182706)	11/22/2005 6:11:57 AM
From: Amy J	Read Replies (4) of 186894

RE: "That's why Samsung is pouring 10B$ into infrastructure. There will only be a few large manufacturers and others will have to pay the price for fab outsourcing. It's a lot like the GM of the 40's, no?" Wasn't GM the #1 market cap leader in the USA back in the 50s? biz.yahoo.com "GM to Ax 30,000 Jobs, Close 12 Facilities" ---------------------------------------------------------- The difference between the future Samsung and the current GM will eventually be Samsung probably won't have unions sinking their boat. GM needs to shift more things overseas - away from the USA laws that are making it less competitive globally than its peers. Does Toyota have a $5B annual health care bill and $98B in benefit liabilities? Does Toyota have an average hourly worker age equal to 49 years old? (Meanwhile, a CA Toyota plant has an average age of ~35 years old.) Samsung doesn't seem to have the union issues that US corporations get hurt by - they pay their workers something like 1/4th to 1/2 USA workers - Samsung has 2X the headcount of Intel at half the cost.

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