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Technology Stocks : Intel Corporation (INTC)
INTC 34.54-2.8%2:44 PM EST
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To: Harry Landsiedel who wrote (57231)6/5/1998 1:10:00 AM
From: Paul Engel  Read Replies (3) of 186894
 
Harry - Re: "But I wonder if anyone at Intel thought of combining this announcement with the Merced delay."

This is an absolutely spectacular observation.

Intel, I beleive, was "forced" into making the Merced Delay announcement because it had already been leaked to the news media which published it within 0.0005 picoseconds.

If you check the ZD and C|NET articles, you'll see these "predate" the Intel press release by an hour or two.

Thus, Intel was forced into a press release to explain away a problem instead of Proactively (Barry Grossman's word) issuing an upbeat release announcing "exciting and spectacular" schedule pull-ins for Mendocino and Katmai, with a trailing "by the way we're shifting Merced out two quarters to enable further development".

Intel seems to be operating under a cloud of battle fatigue - and they are neglecting the job of DEFENDING THEMSELVES in a world where analysts, technology media hacks, CNBC anchors, the FTC and AMD's lawyer lackey Steve Newborn are performing a full-court press of Intel - negativity.

By the way - C|NET leads the charge in Intel bashing - and they proudly flaunt the fact that Intel is in an investor in C|NET with every bash.

If I was Grove or Barrett, I'd get OUR MONEY out of C|NET in a G*DDAMN HURRY and let those Keyboard Jockeys sink like a submarine with a screen door.

Intel needs to regain the high road.

Paul
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