Intel Corp (INTC)

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Re: This company is being mismanaged into the ground - the flash JV with micron is the latest example. Intel is getting into the NAND business - WTF are these guys smoking in Santa Clara? Toshiba, Samsung and the Korean taxpayers are going to kick Intel a new a-hole before the dust settles.

So because Intel is entering the NAND flash market, it's an example of poor management?

Let's think about that for a moment. Intel is already the #1 NOR flash provider, and they have a number of clients that buy both NOR and NAND (cell phones being one of them!!!). They have a rather large customer who has agreed to buy in high volume (Apple). And they have partnered with one of the leading memory manufacturers in the world (Micron). Actually, it sounds like the best management move of the decade. Intel has invested in many a business that has produced little or no return (Barrett's shopping spree in the 90s), but if the Intel Micron joint venture is an example of what we can expect in the Otellini era, it sounds like they picked the right guy for the job!

And unless you have other examples in mind, I would consider this a rather weak argument (more along the lines of the FUD/trolling people were accusing you of earlier). Looking forward on Intel's roadmap, it looks like they have a real bang up product ready to be released next quarter (and seems to be accelerating it's introduction date), they have a brand new and strong relationship with Apple, which has yet to fully contribute to the bottom line, and they have a number of new brands coming online that may promise some interesting new features and growth opportunities.

The design pipeline for a company like Intel is effectively 4 years. It takes this long before the right management decisions actually come to fruition. If you are blaming Intel's current dilemmas on a brand new CEO, then you are totally missing this concept.