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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (66254)	8/16/1999 12:18:00 PM
From: Knighty Tin	Respond to of 132070

Joan, There is a big difference between strategic mergers and conglomeration. What Intel is doing seems to be the shotgun approach of a conglomerate. What G.E. did was different. They bought cos. that fit in their fields of expertise. Also, they bought insurance and financing cos that allow a lot of shenanigans to stabilize eps. Gerry Tsai did the same at American Can, which became Primerica, which became Travelers. It worked. I don't see Intel doing anything like that.