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To: Yogi - Paul who wrote (1688)	4/14/1999 1:52:00 AM
From: Gottfried	Read Replies (1) of 2025

Yogi, my kinda guy. It's good to be reminded... >That mandates reinvention, and Intel has already done so once. It bailed out of a business it invented -- the memory chip business -- and plunged headlong into microprocessors. By 1986, Intel's revenue had shrunk to $1.27 billion compared with a peak of $1.6 billion in 1984 and, in the same two-year period, yearly profits of $198 million had reversed to losses of $173 million. But by April of 1987, Intel posted a profit of $25 million. To celebrate through a ''back-in-the-black party.'' Its fortunes had turned. ''It was a horrendous experience,'' Grove said, of the transition to the microprocessor business. ''We had to change the mindset.''<< GM

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