Wednesday, January 21, 2004 10:38:14 PM
this Intel dividend is a joke. It isn't anything more than another giveaway for the select lunch club on the board who gives themselves hundreds of thousands of options every year.
If you want to know why Intel is behind AMD and isn't going to catch up anytime soon, how would you feel as an engineer at Intel watching these old geezers get rich while you are one step away from a bad evaluation because you didn't have a clue one might be coming?
Amazing what AMD has done compared to Intel's finest sitting in their cubicles counting the value of their options. You're seeing it now. I believe Intel's recent problems with Rambus, botched gates, Itanium, etc, are due to management. I bet you if you ask someone in management though what happened, they would say the engineer that screwed it up doesn't work here anymore.
Nothing can compete with an employee that wants to do his job. Too many times AMD has been called a one trick pony. One step away from failure. Well, this motivated one trick pony has Intel looking like it is at a crossroads where maybe it's best engineers are afraid to tell management there is a problem. I imagine Intel's products suck because too many Intel employees are at the point where they have to do their job. The sooner that changes, the better for everyone. Including us shareholders.
Mysef
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