It really reflected my own state of mind about INTC...it was rather ho hum. In fact, when your queried the board, I said that I didn't see a divvy increase with the current biz climate. I still think that's still the case, and it is really a bad thing. One of the major things that attracted me into INTC was the divvy rate of growth,
d (div) /dt is about 10+% (div). If that halts, then this is "topped out" to use the term you applied to some INTC execs. And, frankly, TV is the stinking fish in the house. So, ho hum and no divvy increase and you
have to start to wonder why? I think it's just commoditization of their products and the long term fight to try to maintain the top-line with decent margins. To me this is where all the risk is, and I just don't see any real mo here.