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Intel Corporation Message Board

shmemony 8 posts  |  Last Activity: Jul 24, 2015 5:08 PM Member since: Jun 3, 1999
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  • shmemony by shmemony Jul 24, 2015 5:08 PM Flag

    There is no question that the price for ALTR is inflated. Since INTC has lost stock value from around $38 to $28, the same percentage reduction should be applied to this purchase. On that basis, ALTR would be worth around $12 billion which would still be inflated, given what the ALTR stock would be really trading today at in the absence of the INTC offer. I bet the INTC management group however never put this kind of proviso in their agreement--nah they probably never even gave that a thought.

    So what do you think INTC is going to have to eventually cut to pay for their mistakes? What do you think the percentage chances are that the Dividend will have to be reduced (dramatically) in the not distant future?

  • shmemony by shmemony Jul 24, 2015 3:02 PM Flag

    Isn't it fun watching Intc return to the financial performance era of Otellini, and Barrett before him? Just fabulous performance--the stock basically stuck for 15 years and counting. The only ones making any money are those with stock options--when the stock doesn't cost anything it's easy to make money. It's easy to see why people want Intc's corporate bond to fund the ALTR purchase--there is and will be no money made in holding
    the stock itself--it's dead money!

  • shmemony by shmemony Jul 24, 2015 10:34 AM Flag

    The CEO just doesn't get it. ALTR quarterly net profit was about $70 million. Paying $16 billion for a company that generates that puny return--what is he thinking? It will take a generation or more to just break even--if ever--and this will be INTC's largest acquisition ever--no wonder this stock is in the doghouse with this type of bonehead management decision.

    INTC needs to can its current management and start over--they seriously need someone with a vision of the future. INTC is way too inbred.

  • shmemony by shmemony Jul 17, 2015 12:02 PM Flag

    Intc just can't help itself in wanting to improve the buggy whip. Management is so focused on that endeavor that they have tunnel vision. The world has changed before them, but they have continued on their qwest to excel in improving the whip for buggies. We are at 15 years and counting for Intc to recognize the changing reality--three CEO's have totally been totally asleep. The stock price reflects their complete incompetence--it's been in a range for that long. There is no growth strategy or vision going forward--just more of the same. When is the Board and Management going to be changed?

  • shmemony by shmemony Jul 9, 2015 4:50 PM Flag

    Just maybe the CEO or CFO are having second or third thoughts about the ALTR purchase in light of MSFT writing off its Nokia investment. Apparently a company like MSFT can made a wrong purchase. Paying $17 billion in cash when your company's Market Cap has fallen to $137 billion with no bottom in sight--just maybe that is paying way too much no matter how it is justified. Perhaps that helps explain some of the management changes in recent days. Just maybe it's cheaper to just walk away from the deal as opposed to what MSFT did with its Nokia Investment. Perhaps some of the other purchases in recent years are also going to get the write down treatment especially if they are underperforming. Intc clearly needs a vision and strategy for the future, and overpaying for assets hopefully is a thing of the past.

  • shmemony by shmemony Jul 6, 2015 2:06 PM Flag

    Isn't it fun riding on the Good Ship Lollipop? The Captain has no clue, the ships mates no clue, and the good ship aimlessly wanders the ocean blue. At the last port the Captain paid an exorbitant price for goods, and in the interim, the value of that purchase has plunged--what would be the value of those goods today if the purchase had not been transacted. The good ship Lollipop has done other deals of dubious distinction--nearly all not making financial sense in retrospection. But the good ship Lollipop sails on--where no one especially the Captain knows! The Captain rearranges the Deck Chairs, the Captain piddles with this and that--but it really makes no difference--like the past Captains. Wouldn't it be novel if this Captain or the next of the good ship
    Lollipop had a vision of actually where it was headed as opposed to aimlessly wandering the seas?

  • shmemony by shmemony Jun 8, 2015 6:05 PM Flag

    Why is it so difficult for this company to come up with a strategy and vision to grow the company? The company has had three CEO's and 15 years and they still have totally missed opportunities galore! Are they that dense or it from being inbred--and their tunnel vision of the INTC way of doing things?

  • shmemony by shmemony Jun 5, 2015 9:53 AM Flag

    Aren't the three CEO's following A. Grove fabulous? One spent billions on the market leading Itanium chip--look at the money that is producing! The next spent money on a security company and a small chip company--and totally missed the mobile revolution--just stand out performances by a CEO! The next struggles for a couple of years and then overpays for another chip company--all the while leaving investors wondering what the long term vision and growth strategy is--just a marvelous performance! In the meantime there are analysts who could provide some critical guidance--but of course they are never listened to.

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