![]() People are being seriously misled by TV auctions and the like, into believing that in 20 years their “Family Truckster” will bring in Big Buck when the reality is very different. But I’d go further and state that virtually no car can be expected to appreciate. We would suggest that it may take a while, likely a couple of quarters but investors should be patient that things will get betterI completely agree with the other posters and I’d point to other “low production classics” such as the Fiat X1/9, Triumph TR7, Bricklin Safety Car, AMC LeCar and the Yugo, which are collectively worth less than a set of classic retred tires. Not only is it positive for Intel but we think its a positive sign for the industry as well that we will likely get a better, more informed decision and outcome to what is wrong with Intel. Is obviously seeing a strong positive reaction as the board has heard investors and activists alike. ![]() This is not a turn around expert or "chainsaw Al" or undertaker but a "true believer". This "back to basics" type of move by the board seems to indicate a return to core values and philosophy. In the case of Intel, as we recently pointed out, the problem was technical not financial and perhaps more managerial lack of focus. The skill set of an inventor/entrepreneur is much different than operating an ongoing public company. ![]() We would suggest that many, if not most silicon valley technology companies see their founders leave as the company "matures" and are replaced by more "operational" or "financial" types over time. He will also not likely be able to be "snowed" by excuses and other personality issues inside Intel. We may see an interim decision more quickly as a band aid or place keeper.Īs the ex CTO and almost lifelong Intel employee with a strong technology background there is likely a strong bias to engineer and fight his way out of Intel's current manufacturing issues. Our best guess is that a full decision is likely at least 6 months off. He also wouldn't take the reins just to ride Intel into the sunset of manufacturing. We think that this decision is likely delayed as it is certainly a monumental decision not to be taken lightly nor made by an ex bean counter (no disrespect to all the CFOs reading this). While there was an expectation, including from us, that Intel would have to fish or cut bait with a decision on wether or not to outsource manufacturing or not. Pat Gelsinger Bio, at the very least he knows both Intel and the technology as good as anyone. He was the "architect" of the 80486 and holds 8 patents including VLSI design. Pat spent 30 years at Intel and was the first CTO. You can't get a more hard core Intel "Insider". Running a technology based company such as Intel does very much require a technical background to fully understand and make competent decisions about complex technical issues that get more complex every year. We view the news of Bob Swans departure as a significant positive for Intel and likely pushes the outsource decision both out a bit and likely more inclined to remaining a manufacturer.īob Swan, as the former CFO was at best an interim CEO which should have been a lot less than the 2 years it turned out to be. Our recent note on Intel and its historical issues and decisions being faced was obviously well timed. ![]() Maybe the board at Intel read our last note Is Pat Geslinger experience at VMware going to come into play and how? TSM is down about three percent now and Intel up 9%.īob Swan leaves Intel- Pat Gelsinger, ex CTO, Intel lifer returnsĪ change for the better as someone who knows technology As an outsider, how long will it take Pat Geslinger to get up to speed? Any thoughts or comments in this area would be appreciated. I feel TSM has a large lead with a large moat that will be very difficult to challenge for a number of years. How long will it take to Pat Geslinger to turn Intel around and how? Can Intel catch up to TSM? How much money does Intel need to catch up and how much talent will Intel have to recruit? Does the supply line have the resources to retool Intel and how long for delivery? I can think of no better forum in which to ask these critical questions. TSM is now rated the most important company in the world. They said Intel may go fab light and TSM will do their production. Dan Loeb is considered key in this change as he represents Wall Street and the money. They talked about how TSM has crushed Intel on CNBC now. Bob Swan is out and Pat Geslinger is in at Intel as of 2/15.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |