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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Ibexx who wrote (95441)	7/17/2002 3:11:26 AM
From: LTK007	Respond to of 99280

i sympathize with Mister Grove, much of what he says is true. Intel WAS a great story, one of the best ever( i love the story when Intel was on the brink of bankruptcy and Andy says to i think Moore, go out of my office and then come back and tell me what i am doing wrong, and Moore(?) did, and they then did that shift to processors or whatever--i be no techie:). Andy Grove and all really hit a grand slam, and Andy Grove is a good fellow, a fine fellow. But so was XEROX. The brutal reality, it is all about growth and fair evaluation. You don't get points for the past. That is the way it is. But people like Andy Grove are, of course, giants compared to the riff-raff that have invaded lately and it is wrong that he feel the heat from what he is wholely and completely innocent regards. Max p.s. Look at the price history of General Motors. Intel is not immune to these cycles, there will be times it's price will scrape the floor just like General Motors. That's the market.

To: Ibexx who wrote (95441)	7/17/2002 3:16:18 AM
From: LTK007	Respond to of 99280

<<"Corporate misdeeds, like poor quality, are a result of a systemic problem, and a systemic problem requires a systemic solution. I believe the solutions that are needed all fit under the banner of "separation of powers.">> and as i read deeper, i see he is attacking this problem forthrightly and head-on.

To: Ibexx who wrote (95441)	7/17/2002 3:20:17 AM
From: LTK007	Respond to of 99280

<<The point is this: The chairman, board of directors, CEO, CFO, accountants and analysts could each stop a debacle from developing. A systemic approach to ensuring the separation of powers would put them in a position where they would be free and motivated to take action. I am not against prosecuting individuals responsible for financial chicanery and other bad behavior. In fact, this must be done. But tarring and feathering CEOs and CFOs as a class will not solve the underlying problem. Restructuring and strengthening the entire system of checks and balances of the institutions that make up and monitor the U.S. capital markets would serve us far better..>> as i read deeper Andy is proving my quick response to his being of excellent quality is far from being incorrect. Max