Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 50.58

+4.8%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe NYC who wrote (33681)	10/3/1997 11:43:00 AM
From: 16yearcycle	of 186894

Mr. Halada, You would be far better off to contemplate on Paul's example of how cyrix could have used its cash.In the late 1960's, a failing textile company used its trivial cash flow to diversify away from its core business into insurance. It invested this money brilliantly, while reducing and then eliminating purchases of new equipment, to keep cash flow around 1 million a year.This enterprise is now 16th largest company in the country, while maintaining its original name Berkshire Hathaway.If its CEO lives long enough,it will be #1.There are a large number of companies that are in a business area that has poor economics, or competition in its area is so severe that the companies survival is in question. All of INTC and MSFT's competitors would be wise to follow Berkshires example: use its cash flow to diversify into other businesses. They should follow the advice of a good friend of mine: If at first you don't succeed, quit. No use being stupid about it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next