Comment by ksec
6 hours ago
>Pat killed Intel’s share price. Should have paid more attention to the balance sheet.
Let's face it. Everything he cut, and products / department he sold were what he wanted to do on day one. He had to force his hand, make the stock price worst and ultimately force the board to allow him to do it.
You could argue he laid all the foundation for today's Intel to thrive.
Yes, I am pointing the fingers at the board. Although words on the street was the board also have their hands tied as they were also beholden to large institutional investors. It is all a Game of Cards.
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