Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

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3:59 PM EST

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To: P.T.Burnem who wrote (46191)	1/22/1998 12:54:00 PM
From: Tony Viola	Read Replies (2) of 186894

PTB, >>"In terms of competitiveness, Intel today is where Seagate was a decade ago."<< Seagate is in deep sh**. Intel is in deep revenues and profits. After their last Quarter results, SEG announced they would be laying off up to 10,000 people, said to be the biggest layoff ever in Silicon Valley (actually Scotts Valley). SEG said their problem was with their own execution (what a novel reason to give). It was not Asia, or currency, or anything else. I don't think anyone is having problems with Intel's execution. When the gorillas start wrestling with the rhesus monkeys, you better find out which one you are. Tony

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