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

To: BelowTheCrowd who wrote (170683)	9/6/2002 2:56:09 AM
From: Wolff	Respond to of 186894

Gat: You make my point for me quite well. You said: His emphasis was always on the "ALL". All you know. Not, "all you know that is expedient," or "all you know that won't spook the markets," or "all you know, except for the difficult realities." ALL. with In fact, that's exactly what Barrett was talking about in the far east that you apparently hate him for so much. He was pointing out that he has no visibility three months out and therefore has no clue what the holiday sales will be like, or if they will materialize at all. Barrett is sharing what he does not know, when he should have said he could not answer the question. My bitch with Barrett, is that what his comments were in the far east were nothing more the rookie speculation. He as you say, does not know, he does not have visibility or for that matter even a clue. So he is not sharing all he knows, he is sharing his speculation. What I am saying is as CEO he has a responsibility to not go off and shoot his mouth off in public. There was a scheduled update meeting for Analysts. He broke the process by giving speculative uncertain financial updates out of sequence. IMO he screwed up, he screwed up by giving a key message to the press which was not well thought out in front of planned update meeting. If the Intel's CEO is worried, fine, but let the data drive the message, when Barrett spoke he had no data to support him, just a gray loose August message of "gee, I don't know what 300 Million people will be doing for Christmas shopping this year" Barrett screwed up, he has no track record of accomplishments which anyone can recall, and IMO Intel would be best served by a different CEO. Instead of guessing on his answer I expected Barrett to say he did not have the answer, his screw up has cost Millions in Market Cap, beyond the nasty market conditions. I say get a new CEO