Interesting comments from the UBS Technology conference.
Pat is gone, and nothing changes.
4 replies (most recent on top)
Maybe, just maybe, some big shot wants to own a big portion of INTC at discount price in exchange for the CEO position to influence the company operations, making it leaner and meaner, driving up the stock price. The Godfather makes an offer that the BOD can’t refuse and bought PG out.
Without a positive surprise from CEO search, the best thing to do is to split up and sell this company. The current management can only continue the downhill slide.
They are D-mb and D-mbrer but what Dave D-mb was saying is that the company is still going to pursue Foundry, and that revenue is on track.
Naga stated that instead of 'no wafer left behind' (max output), the company would limit investment in fabs and headcount to proven demand. This is not a new statement but shows how different he is from the previous Foundry manager Keavan, who was a loser spending money like a drunken, overweight sailor.
Every time this guy, David Z opens his mouth our stock declines. He should have been fired. Again, in an investor conference, he opens his mouth and says no change in strategy. Are you f..ing crazy? Why did the board fire Pat if not for the strategy?
They fired Pat and replaced him with two clowns. David Z and Michelle h. I have never seen an executive of a large organization taking a 2 month sabbatical when the company had its worst time in history. Michelle took 2 months sabbatical this summer!! Yes. I have only seen execs take sabbaticals when they are transitioned out. And David, since he bacame our CFO, he missed earnings guidance not once 3 times.
These are the two CEOs. I am really hoping a great company will acquire intel and clean the house from ELT and BOD clowns. Please.