To: Saturn V who wrote (66212 ) 7/20/1999 4:09:00 PM From: Ali Chen Respond to of 1585494
Saturn, <Intel management style is cold, dull and boring. Their projections are inevitably cautious and careful... they deliver pretty well on their promises !> You are overexcited as a kid over a shiny toy. You should realize that the mode of Intel communications you just described has nothing to do with "projections" and "promises". There was no projections and promises about current product introdictions or else! Until recent times Intel had a luxury to speak from "deal done" position, when chips are already verified, made in large quantities, channels stuffed, boards and systems validated, and even sometimes sold to customers before the announcement! This kind of "promises" is easy to "deliver", and to impress a dumb shareholder. This time it seems to be different. Under the pressure of little AMD expect this luxury to vanish, and expect to see more of CuONTIMEmine and 810 promplty delivered "promises". <Dont they deliver pretty well on their promises !> According to early Intel roadmaps (published in MicroDesign Resources in 1996), the Merced was promised to appear in early-1997 with mass production in mid-1998. What time it is now on the calendar? Helloo.. Can't hear you... <they have done well for their shareholders.> Yes, so far. But remember of their 600M+ of granted shares in employee stock options. To prevent stock dilution due to exercising of these options, Intel has to spent 80% of current profits to buy these shares back. For a little shareholder like you it may be really exciting to see these inflated earnings, but make no mistake here: the real money boys know exacltly how to count money, and when they decide to exit, you will be left with bunch of worthless papers. Good luck.