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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (102583)4/18/2000 10:51:00 PM
From: Tim McCormick  Read Replies (2) | Respond to of 186894
 
>Is Intel as effective in executing it's business strategy as it has been in the past? If not, why?<
I'll butt in with an answer. Intel is concentrating on managing earnings. As such, the whole underestimating demand excuse is a smoke screen to coverup the mistake it was to underspend on capex last year. This underspending on capex was an effort to maintain margins as Celeron's proportional revenues increased. The core business has not grown much for many years. This is a psuedo investment company now. Investment companies trade at lower multiples to earnings for good reasons. Good luck with your investments. Tim