Maybe INTC should recruit a former employee, AMAT CEO and BOD Chairman Michael Splinter, for the new position at INTC. He had such an impressive career at INTC and obviously knows sales/marketing and manufacturing inside-out.
Splinter worked for nearly 20 years at Intel Corporation, where most recently, he was executive vice president and director of the Sales and Marketing Group. He previously held various executive positions at Intel, including executive vice president and general manager of the Technology and Manufacturing Group.
I think we'll pass on this one:
lost etch business to Lam
lost out in implant business to Varian and bought Varian (me ex Varian shareholder :-)
actually it was not Splinter - it was the business model introduced by Morgan
AMAT total solution lost against Best of Breed
LRCX stock was always discounted in the past rellative to AMAT because stupid WS analysts thought it was One horse company - Best of Breed beat total solutions
AMAT was notorious for bundling business in order to undercut competitors
that's why it was named the evil empire
Wow you obviously didn't detect the sarcasm in my post. And Splinter ruined AMAT through the disastrous business expansion into flat panel / solar equipment markets and related loss of focus on their bread and butter silicon biz.