Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BelowTheCrowd who wrote (170634)	9/6/2002 12:07:52 AM
From: Wolff	Read Replies (1) \| Respond to of 186894

Today good work at making up for Barrett's screw-ups...again. There is no reason to change guidance, the range is not broken, so they can stand on what they said before. Why is that important, because Barrett is a terrible communicator. I am not saying they should lie or hide anything, but I don't think they need to resample prior guidance, they need to stand on what it was. Estimates are just estimates, no matter how accurate they are. ---The reason they need to emphasis customers are moving orders out until the last moment, and changes in the building of PCs making this effect even greater, is to show why they have no clue on the detail of where within the range they will come. Another reason why that is important is because there is a large self-fulfilling prophecy factor with Intel. When Barrett screws up with his Press and Analyst relationships and bad press is created, that is not lost on Consumers who read the business pages. Simply put, if everyone thinks its not a good time to buy a PC, for whatever reason whether they are waiting for a new Operating system, or they think prices will get better, that has an effect. Barrett has failed in his outside communications, IMO, and I expect more from an Intel CEO. There is no reason to be an apologist for Barrett’s failures. I think he has done well for yields and factories, but again that is the job of a COO not a CEO. I am holding Barrett to his job as CEO not what he did in the past as COO. Are the acquisitions that Barrett did paying off at all? Today was a fine enough CC, but it still is too late to fix the damage done by Barrett a few weeks back. Barrett is a failure at his required tasks, he has hurt investors, he has hurt the moral of his employees, and he is not doing the job that needs to be done. intel.com Those people, the professionals, did a fine enough job today, but they still have to overcome the stupidity of Barrett who for no apparent reason got out in front of them, while on a road trip in the Far East. The only question I have, is will the Board of Directors do anything, will they look for a better man for the job, or will the blindly follow the path. Intel and its investors are not best served by Barrett, its time for a new president. Its amazing the power of "group think", too many investors don’t even think its right or proper to question the guy at the top. And so it goes...