Intel Corp (INTC)

[andyk]

I started holding INTC since 1997. For the first time I am seriously considering getting out. The only thing positive from the report is "The company expects faster growth in products such as flash memories, chipsets and motherboards that have lower margins." Yeah, more revenue, but LOWER MARGIN products.

Even the chipset recall, which I didn't think would even cost $8M, turned out to cost $38M. Why?

This is extremely worrisome. Please don't take this personally people. But I have been extremely bothered by the kind of investors that INTC has recently attracted. For example, following a post "IA-64 was not meant just for server/workstation", someone would then rebut with "Itanium was meant for server/workstation". And the use of empty words like "officially". They just all sound like playing with words.

I was at first concerned about something like "NetBurst" marketing b.s. The fact that a marketing type is going to soon become CEO for the first time in Intel history is probably going to the last straw for me.

What happened to "Be open and direct"?

http://www.intel.com/jobs/workplace/values.htm?iid=jobshomenav+values&

I hope Grove comes back and clean house. I think Barrett made a serious mistake choosing the marketing type over Albert Yu.