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

To: Road Walker who wrote (134588)	5/10/2001 6:27:32 PM
From: Najib Mehanna	Respond to of 186894

and that the exact reason why intel shares are week and working their way down.......Discounted P4, High Pe, and losses in other businesses..........investors wanted Barrett to tell everyone how Processor sales are improving and how margins will improve, though in his speech he focused on what they can do few years from now......if everything goes good

To: Road Walker who wrote (134588)	5/10/2001 8:01:22 PM
From: Saturn V	Read Replies (2) \| Respond to of 186894

Ref < Intel's Communication Division woes> The Intel communication division is not as bad a shape as you think. Intel's accounting practice of lumping communications division with "other" leads to the assumption that the loss in "other" is caused by communications. Until a quarter ago communication was close to break-even. The big losses are probably due to Internet Services. Intel set up the Internet Service Centers, a la Exodus, just as the Dot Coms imploded and the demand for web hosting vaporized. So the entire Internet Service Business Operation needs to be rethought. To stem the bleeding, a lot of the people from the Internet Services groups are being reassigned. This is probably the worst time for Communications and Internet services. Even before the free fall of the last three months, the entire communication sector has been a confused mess. The combination of too many fast changing technologies,the high cost of implementing new infrastructure, and the constraints of existing infrastructure does not allow a clear cut strategy. There are so many attractive niches that hundreds of new communication companies have been funded. Intel has indeed gone willy nilly into several segments, and several of these will probably not pan out. Historically Intel has been very aware of the power of FOCUS, and I am sure that Intel will indeed prune several operations in due time. The bottom line is that this is way too early to pass judgement on the attempt to diversify into communications. This is just the second innings at best.