SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: The Duke of URLĀ© who wrote (92664)11/17/1999 3:20:00 AM
From: Barry Grossman  Read Replies (2) | Respond to of 186894
 
Did anybody see Otellini's interview on CNBC this am. I missed most of it while I was in the shower but caught the end. Rene St. Whoever asked him about Intel's "diversification into new areas as witnessed by their recent acquisitions in the networking and communication area". Otellini replied by saying, and I paraphrase from my memory of this am, that instead looking at it as diversification one ought to look at what will turn out to be a new Intel alongside the old Intel.

My heart went aflutter with the thought of an additional $30B (today's levels) in rev and who knows how much profit added to whatever the present Intel will generate. Need I say I think that this is NOT priced into INTC @ 77 9/16.

Anyone else see the interview?

Barry