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Technology Stocks : Intel Corporation (INTC)
INTC 40.03-1.3%3:59 PM EST

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To: Paul Engel who wrote (62455)8/14/1998 3:14:00 AM
From: Gary Ng  Read Replies (3) of 186894
 
Paul, Re: They bought the whole Cyrix company

I believe that is how merger and acquisition work. Two
companies in trouble joined together and try to hide
their trouble through re-structuring cost which Wall
street genius usually would turn a blind eye to and
instead talk about the synergy etc.

The following 2 or 3 quarters may show some better
than expected result(as the bad part has gone to
the re-structuring item) which may boost the stock
price a bit.

Unfortunately, when the management has trouble managing
one company, how can one expect them to manage two ?

Now, when are we going to see AMD/MOT follow the path ?

Gary
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