Some thoughts:
Andy: more revenue, but LOWER MARGIN products.
Intel's GPM is still very high. Taking out the channel payment marketing incentives and simultanesously lowering the price, will on its own reduce the GPM percentage, but in REALITY nothing changes.
Depreciation has started on all those new plants as they are put into service. This will lower paper profits but look at the cash mounting up.
Andy: Even the chipset recall, which I didn't think would even cost $8M, turned out to cost $38M. Why?
The 38 Mill is a guess, a reserve. The divider thingy was budgeted at 400 Million. Once the reserve it set up, all expenses are charged against it, but it is the reserve that reduces income, not the expenses. If too low, then increased reserve and reduce income, if too high, later, when you really know, then increase income, reduce the reserve.
Intel now controls the motherboard market, for the first time in a long time. What is a lousy 38 Mill?
Andy: I have been extremely bothered by the kind of investors that INTC has recently attracted.
Right on Bro!, I could not agree with you more. It is scary to me too, but for a different reason. Not many have a top sophisticated business and investment background, but it is the internet which will cast the sunshine on the scum slickers who have poisoned the stock market since its birth.
Andy: 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.
Well, have I got news for you!!! Somebody knows something at Intel! Barrett was a process plant manufacturing guy. Intel sees sales of a Billion!!! PC's buy maybe 2010.
Barrett did what he was supposed to do. He got the Intel machinie firing on all 8 cylinders.
NOW!, the board says, we need a guy like Otellini to sell this stuff.
Paul O. is the "father" of the banias and the wireless laptop thingy, which has allowed intel to take 90+ percent of the thin and light portable market.
Almost as if the board planned this EXACTLY!!!! :)))
Andy: Albert Yu.?
Albert is a friggin' genius, but it was under his watch that the 820 fiasco occurred.!!!!!
But, what would rudedog say???
