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


To: Mary Cluney who wrote (139461)7/17/2001 5:07:47 PM
From: Road Walker  Read Replies (2) | Respond to of 186894
 
Mary,

re: For every dollar that comes in, 2 dollars are spent.

Honestly, it makes me sick.

Off the top of my head, ~30% of the business losses ~90% of the profit.

They obviously made some very bad decisions in the businesses they bought. Is there any realistic exit strategy?

John



To: Mary Cluney who wrote (139461)7/17/2001 5:18:14 PM
From: f.simons  Respond to of 186894
 
re: 3rd Q numbers are coming down. Stock is too expensive and is coming down. Talk is
cheap. He is not going to buy whatever he is told at the cc. He needs to hear that PC are
going to sell better, and he doubts he will hear that.


Mary-

That's mild compared to Drew Peck just on CNNfn. Said P4 was a "disaster" Said AMD thought they could cut prices, grab share without response from Intel. Had no idea how AMD could have figured that. Very negative on Intel and AMD both.

Frank