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Sunday, January 22, 2006 12:04:43 PM
What we are watching is the latest installment in the corporate life-cycle game. No matter how high they rise all companies eventually fall. They may not land on their swords immediately, but staying on top has proven an impossible task over and over again.
me...
Yeah, as I said things hardly ever turn out the same, but I guess it comes down to what you think a disaster for INTC is. Is it losing 30% of the market 40%, 50%? To me all those seem not only possible but also very likely.
It's not that I hate INTC, after all I made a great deal of money having held the stock for a very long time during the 80s and 90s. I can assure you that if AMD's and INTC's roles were reversed today I would still be in INTC. I'm just an investor with neither an INTC nor AMD axe to grind, really. What really pisses me off is the way INTC has been driven into the ground largely by incompetent management.
The problem with holding INTC right now is that nothing is working the way it used to. The game has shifted 180 degrees and until INTC adapts things are going to do nothing but get worse.
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