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Re: morrowinder post# 26956

Thursday, 04/20/2006 12:48:50 AM

Thursday, April 20, 2006 12:48:50 AM

Post# of 151823
Jeez morewind , if this new high end business is so wonderful, how come a $40 million revenue decline in the mobile division decreased operating earnings in that same division by $400 million? Ouch!

When I think about all the institutional ownership of Intel stock, a particular buffett quote comes to mind

normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands."
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