• SA Editor Samir Patel
    $INTC investors, how are you feeling about Otellini's retirement?
    11/19/12
    Reply (22)
    • DAG Investments: Strange to announce with short notice and without a successor. Health? Main concern is the ongoing uncertainty from no succession in place.
      11/19/12
    • Joe Springer: Agreed, I would say it is hard to see it as a positive, except they needed a change...heads are rolling at $INTC, $AAPL, $MSFT, goodness!
      11/19/12
    • SA Editor Samir Patel: I'm somewhat sad because I really liked Otellini, and he did a great job - much, much better than the previous CEO.
      11/19/12
    • SA Editor Samir Patel: Nonetheless, Intel's firing on all cylinders and I'm confident that they have more than enough talent to find an adequate replacement.
      11/19/12
    • DAG Investments: I just read the Journal and a few other articles and feel better about it now. I actually do see it as a positive.
      11/19/12
    • DAG Investments: Seems he recognized the need for new leadership and made it happen since the board would've waited for him to retire. That's a real leader.
      11/19/12
    • SA Editor Samir Patel: From what I understand (although this could just be posturing), he'll stick around to advise, which is undoubtedly good.
      11/19/12
    • SA Editor Samir Patel: Names being floated around include the COO as well as Dadi Perlmutter.
      11/19/12
    • wigit5: To Dag1996s point the sign of every great leader is when he notices he is no longer fit to lead and removes himself instead of holding on.
      11/19/12
    • wigit5: If true, I feel good about it and hopefully he will help pick the next leader to drive INTC growth and innovation. However the markets can't
      11/19/12
    • wigit5: seem to figure out what to make of it big swings from green to red and back again.
      11/19/12
    • SA Editor Samir Patel: ^ Intel's tried/failed to break below $20 several times recently, looks like an area of long-term support, barring a market-wide breakdown
      11/19/12
    • DAG Investments: I like Otellini too, but they're obviously struggling lately and if he believes a new CEO is part of the answer, I trust his opinion on that
      11/19/12
    • DAG Investments: Everything I've read says he will be around as an "adviser" -- that is definitely good and I see no reason it wouldn't be true.
      11/19/12
    • SA Editor Samir Patel: DAG1996, I disagree that they're "struggling." Earnings/rev temporarily depressed due to macro, but technologically...
      11/19/12
    • SA Editor Samir Patel: ... they're winning the battle by a lot. I have an Instablog coming out soon with fairly comprehensive analysis, so look for that
      11/19/12
    • DAG Investments: Samir, I would like to read your piece on Intel. I think it's very clear that Intel has been struggling with the changes in the marketplace.
      11/19/12
    • DAG Investments: The fall in earnings, revenue, etc. can't be attributed entirely to macro -- there are tons of companies doing well despite poor macro.
      11/19/12
    • DAG Investments: I'm an INTC holder and am confident they will bounce back strong, but there is no doubt they have been struggling with competition.
      11/19/12
    • DAG Investments: In other words, it doesn't matter if Intel technology is better if they can't continue to make the numbers with it.
      11/19/12
    • SA Editor Samir Patel: DAG et al, if you want to read it, it's here: http://seekingalpha.com/p/rkwh (Warning: it's kind of long.)
      11/20/12
    • DAG Investments: Thanks Samir. Long is fine. It will be one of my lunchtime reads this afternoon. Thanks.
      11/20/12