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

To: semiconeng who wrote (145727)	10/19/2001 4:26:53 PM
From: Road Walker	Read Replies (2) \| Respond to of 186894

Semi, re: I guess it just depends on a person's point of view. There is a disconnect between an investors perspective and an employee's perspective. One of my (investor perspective) valuation measures is revenue per employee and profit dollars per employee. Intel has traditionally been slow to react to a down cycle on that measure. If you believe in the 80/20 rule, then there is a lot of dead weight that can be cut, lowering costs, and maintaining cash flow with which to hire folks when good times return. I understand that these are real people with real families, capitalism can be cold hearted. Productivity seems to have fallen out of favor as a valuation measure, but I think it is still valid. Essentially, Intel is worth what semiconeng produces in net profit dollars, over and above what you cost the stockholder. John

To: semiconeng who wrote (145727)	10/19/2001 5:06:22 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

When I said 250 people isn't a lot, I meant it didn't represent a lot of money to a very big company like Intel. I didn't mean it doesn't hurt a lot to those involved and their families. Of course it does, and I do think it's a shame, hating layoffs as I stated. However, companies can go too far with the layoff benefits, which comes off the bottom line, and can affect the stockholder. This is a business and stockholders have to scrutinize the company in all respects. I'm also wondering what chance folks that were in a division making electronic toys have of fitting into the rest of Intel. Face it, most companies wouldn't go the extra miles Intel is on this matter. Tony