"too much is being made of this delay"
John Koligman hit on the real point here. Intc has been leaking this info to everyone for 2 weeks, so the "small" investors were the last to know. It is so obvious that they, intc, did this. First, Kurlak's grandstanding, then the slide from 85 to 71, then the news outlets reporting the story 3 hours before the close. After the close, on a Friday for God's sake, Intel finally announces this. Like John said, this is exactly what compaq did earlier this year.
Like msft, intc has a helluva business, and they know how to run it. But Intel hasn't a clue how to handle providing reasonable financial guidance, manage expectations, or give proper notice to all shareholders. I have never seen something like this unfold with csco or msft, and they have been tested. |
