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

To: Harry Landsiedel who wrote (135824)	5/22/2001 6:41:33 PM
From: Eric K.	Read Replies (1) \| Respond to of 186894

Re: OTOH, I'm not going to take up Grove's investment strategy. For someone who seems so grounded in reality, chosing Amazon (shrug!) and Webvan! (ouch!) represents quite a lapse. Maybe from the perspective of personal investing decisions you're right, but then again, Intel Capital did a pretty damn good job. Invested in a bunch of (mainly) garbage companies, (mostly) sold them at orgasmically overvalued highs, left it to suckers (the buyers) to enjoy the falling exponential loss curve. It worked pretty well from the perspective of generating a bunch of cash for Intel. Maybe the timing of the sales was just luck-- but I think Grove at least knows how to pick good investment managers. -Eric

To: Harry Landsiedel who wrote (135824)	5/23/2001 3:25:12 AM
From: Amy J	Read Replies (2) \| Respond to of 186894

Hi Harry, I saw the list of private investors of Amazon during the IPO and it was pretty extensive - many of America's State Retirement funds were invested in the IPO. If he got in at the IPO or when it was private, it would have been very successful for him. Amazon provided wonderful fuel for initiating ecommerce throughout the retailing business. It took Amazon to move the giant retailers into etailers. And etailers buy chips. Regards, Amy J

To: Harry Landsiedel who wrote (135824)	5/23/2001 4:37:53 PM
From: tcmay	Read Replies (3) \| Respond to of 186894

Andy's investment strategy Harry Landsiedel writes: "OTOH, I'm not going to take up Grove's investment strategy. For someone who seems so grounded in reality, chosing Amazon (shrug!) and Webvan! (ouch!) represents quite a lapse." Only retrospectively. How many people 2-3 years ago were predicting Amazon's price collapse? Sure, some were. Many weren't. It's always easier to retrospectively realize which investments were turkeys and which were winners. I admire Grove for acknowledging his "mistakes" in investment. As for my own, I bought Akamai at $90 and it's now around $12. And I didn't sell Intel at $75. Mistakes, or failures to correctly see the future? --Tim May

To: Harry Landsiedel who wrote (135824)	5/24/2001 10:02:00 AM
From: Mary Cluney	Read Replies (2) \| Respond to of 186894

HL,<<<I focused on the others because many have been all over Barrett like a cheap suit in the past year. Admittedly, Intel's had some execution problems, but in Grove's mind, he has some very important skills.>>> I'll have you know Donna Karen is never cheap, even when I buy it at closeouts. Inexpensive, yes - but, cheap, never. Craig Barrett, IMO is an enlightened Grove. Grove was more lucky than good. Sure, he had the high energy and the single minded focus and he had the skills needed to take Intel to the top. But, that was a unique set of circumstances. Barrett can still succeed with IA64. I don't think either Grove or Barrett really understand that market or any market for that matter. They are both "Japanese-like" in that they can't actually make new stuff, they only make new stuff better. For Intel to succeed in new markets (ie communications) they will need additional skill sets. Mary