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

To: Lizzie Tudor who wrote (176328)	1/2/2004 8:38:23 AM
From: Amy J	Read Replies (2) \| Respond to of 186894

Hi Lizzie, one of the more surprising things I learned during the founding of our startup was, even if it comes at odds with our country, the corporate codes specifically require you to act in the best fiduciary interest of the shareholders. It is illegal to act in anyway that hurts your company's shareholders. I think Barrett's doing this country a huge favor by sounding the alarm. So our country gets to the next level. He doesn't have to, you know. Intel is competitive. He could simply do what is only best for his company and ignore the country. Be lucky that he is sounding the alarm. RE: "As long as everyone competes with the same educational levels, there is no place else in the value chain to go.....This sounds like positioning on the part of Barrett" So you honestly don't think we need this country to get to the next education of level? When Country B and Country C are picking up work from Country A, Country A is okie-dokie when Country A gets to the next level, with more innovation and research. This not only helps our Country A, but also helps others Country B & Country C. So tell me, what happens after 4 economic cycles to the USA, say in 10 years, if we don't beef up (sorry Saturn) our RND, and get to the next level of innovation? This country is perfectly fine now. But what in 10 years? A country that sits still, falls behind. Where does the new inventions come from? Lizzie, why don't you start a company? Seriously, why not? You have the tools, money, you are highly intelligent, yet you are not starting a company and getting people employed? Getting this country to the next level. If you don't start one, then where are we going to get entrepreneurs to start them? You want to cut the supply of entrepreneurs that come to this country to start companies, yet you don't want to start a company yourself and then you complain about the jobless recovery? RE: "US based engineering institutions have the highest rate of foreign applicants of any engineering schools in the world." Do you know if there were only 10,000 Chinese students abroad this year down from 100,000? What is that about? Unlike the 80s auto industry, the good news is our hightech companies are strong and competitive. But this country needs to get to the next level - in the financial industry, in medicine, in biotech, in hightech, in any industry such as these where there are inventions, we need to step it up, the level of inventions. Let's not be in denial about it, otherwise we become part of the problem. My vote is to be preventive now by applying vision, rather than waiting for the pain of tangible evidence. When Country A steps it up with invention, it keeps Country A productive, and also helps Country B & Country C happy too. When we lift them up, we also have to lift ourselves to the next level. Our industry is very competitive and overall happy relative to other industries. We're not like the oil industry that goes off fighting with every other country. We get along extremely well with other countries - namely because we are so inventive, the synergy is high. I'm confident hightech will get to the next innovative level - provided our own government encourages us to get to the next level. (Side thought: if the USA were more inventive in all industries, there would be less fighting. For example, if the auto industry removed our dependency from oil, we wouldn't have a problem with the Middle East. ) RE: "I believe Barrett and Carly complain about US-based engineering education as a way to justify their offshoring plans" Barrett has never stated our education system is the reason for offshoring. I think Barrett complains about education because he wants to see the country get onto new innovative work. RE: "which really have more to do with HP/Intel grabbing asian market share" I think that's true. You have to be in your largest market. You have to know your customer. How can you complain about a jobless recovery and in the same breath not complain about increasing our innovation in the USA? Regards, Amy J