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

To: SisterMaryElephant who wrote (128356)	2/28/2001 11:23:07 AM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

Steve, <<<While some of Barrett's past comments have come across as "snotty", I applaud him when they are targeted at analysts who are reckless and abuse their "media" bestowed power.>>> Now is a good time for Barrett to clear the decks so to speak. Lower expectations so that he can be sure to beat expectations going forward. Anything that happens from now on is his responsibility - with no one else to blame. And, stop being defensive. We (shareholders) will attribute everything up until now as Barrrett going through a CEO learning curve. The online services in hindsight is clearly a mistake. Fortunately, Barrett didn't bet the company on it. It was a small investment. And, I agree - money has already been spent. It is better to keep the business going and not sink more money into it rather than to shut it down and write it off as a complete loss. The lesson is: Not to be too arrogant. Admit your mistakes and get help in areas where Intel is weak. The core business is solid and the growth ("other" part of the business) strategy is sound in concept, but the execution has been lousy. Unfortunately, Barrett's leadership is now being questioned. It is his own doing. Now he has to perform under the microscope. The honeymoon is over. Mary