This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Intel Will Die if It Doesn't Think and Act Differently

NEW YORK ( TheStreet) -- Intel (INTC - Get Report) reads TheStreet.

Taking you behind the scenes a bit, employees at the company viewed an article I wrote earlier this month -- 2013 Prediction: Apple and Facebook Will Fly, Intel Will Die -- 1,255 times. These page visits came from an internal Intel employee-only blog. Whoever posted the link added the word "yikes" to the end of my title.

They're a confident bunch at Intel. Probably too confident. Though not bumbling idiots, the response to criticism is reminiscent of Research in Motion (RIMM) circa 2011.

Honey, I don't have a problem. Now, bartender, pour me another drink.

An Intel executive got in touch with me on Monday in response to Intel CEO Out: It's About Time.

He took exception to my tongue-lashing and forward-looking thoughts. But that's his job. To defend his company and, sadly, to a certain extent, maintain the status quo.
>>> On Tuesday, November 20 at 6pm ET, TheStreet will host a Trade Credit Insurance webinar with Todd Lynady, Senior Underwriter for Zurich in North America and Mike DeLuca, Senior Partner of One Source. Register now.

I saw it happen all 2011 not only at RIM, but with executives I made contact with at Netflix (NFLX). They're almost like domestic abuse victims; if they just give it more time or half-acknowledge, partially address the problem a bit longer, things will change. They can only get better.

But the Intel exec isn't the only one. Everybody thinks I'm nuts for suggesting Intel ditch the standard routine of hiring an executive search firm and promoting from within or hiring -- hey, hey, hey -- a division head from Hewlett Packard (HPQ) or a former president from -- gasp -- Motorola Mobility.

These comprise the majority of options compiled by Arik Hesseldahl of All Things D.

Sadly, Hesseldahl doesn't see the two most exciting names on the list -- former Apple (AAPL) executive Scott Forstall and ex- Microsoft (MSFT - Get Report) Windows President Steve Sinofsky -- as good fits for the gig.

That's depressing.

In fact, these two names should be the most "conservative" ones that come up.

It's pretty straightforward; I'm convinced we have two worldviews colliding here.

There's the perspective that looks at Intel and says they just need some product tweaks to better compete and muscle their way into mobile relevancy for example. Go out and hire "a seasoned executive" who has silicon coming out of his or her ears.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
INTC $29.88 0.10%
MSFT $49.98 0.22%
AAPL $92.81 -0.87%
FB $117.81 -0.21%
GOOG $697.67 0.28%


Chart of I:DJI
DOW 17,648.76 -2.50 -0.01%
S&P 500 2,054.61 +3.49 0.17%
NASDAQ 4,732.5120 +6.8730 0.15%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs