I wonder what the market would do with Intel stock if a reorg happened at CEOs level?
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On Going Concern ! Hoist up the red flags mates !
Reog type - D E and G !
Capt Arbitrage Pat G !
ESP VSP and ISP ! Take the money and run before Bankruptcy in the Horizon !
@ufq - in the famous words of Yoda “Do or do not. There is no try.”
Intel stock will not break $30.00 for next decade.
If things continue as they are, we should find out soon. Is this Board respected enough to secure a Change Maker? They don't have the cache', is my guess, at which point keep an eye-out for an Activist Investor to take a position. This far too much wealth to be manipulated by the Money Changers to not anticipate big changes as things stand
@ufq+1ujIDtc4
PG was hired to be the one that right's the ship, regardless of what came before.
He has not done that.
He has made things worse.
Time to bring in a specialist.
Just one question. How is it PGsfault when previous CEOs were busy either sleeping with their reportees or increasing dividends?
He is trying hard to fix the mess left by his disastrous predecessors.
You need a 50% jump just to hit levels seen in July.
It’s over for Intel.
They are terminally crippled and will never achieve their former status.
It would depend on who replaces PG. If it is someone from the internal ranks the stock would likely tank. If it is a really good external replacement with a history of phenomenal recoveries than the stock might go up a little. If PG is fired or quits and they need to start a CEO search the stock would tank. It is not like the company will turn around immediately if PG is replaced. The condition of the company is such that a recovery may not be possible under any ones leadership. I think it is beyond the point of no return.
https://www.oregonlive.com/silicon-forest/2024/08/intel-ceo-pat-gelsinger-under-growing-pressure-addresses-companys-difficult-few-weeks.html
You will find out soon enough. Probably to the moon.