18 years of dead money.
9 replies (most recent on top)
Such a waste of investments and hard work over the last 20 years. I wish our board was more active to take action. We are stuck ever since our founders left and Andy stepped down as CEO
Don't forget the very generous focal budget while the executives make out like the bandits they are
All that hard work.
Late nights.
Weekends.
Yet the stock is stuck in the mud.
Time to get rewarded at another company that has actual growth.
It is true that Intel had two stock splits since 1999... one in 1999 and one 2000.
What is being left out is that Intel had the biggest stock crash of 2000 and HAS NEVER COME BACK.
http://money.cnn.com/2000/10/12/investing/q_bigdrop/
Intel Stock Splits:
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April 12, 1999 - 2 for 1
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July 31, 2000 - 2 for 1
(Yes, that is that last one.)
Stock Crash:
Intel:
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Sept 1st, 2000 - 73.94 (post splits)
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Oct 18th, 2000 - 14.46
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Today 34.24
-
Difference: 19.78 in non-inflation-adjusted dollars
Apple:
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Sept 29th - 9.01
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Today 147.77
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Difference: 138.76 in non-inflation-adjusted dollars.
OP is correct dead money.
Think of the monopoly and being the largest and most profitable chip company for decades!
Was printing money on x86 monopoly to the tune of billions per quarter.
Anyone now not believe that CRB, PSO, and BK are not the greatest three stooges of technology?
In the past 15 years look what Samsung and TSMC have become!
Intel hasn't leveraged its silicon leadership in anything, missing every big thing. They threw their riches at anything and everything and miss executed in the few right strategies.
Now the x86 wall is finally crumbling, leadership in silicon gone. The decline will be really fast over the next two years.
Can't wait to see the next ACT from the clown
OP is correct. So what if it is split adjusted. I pulled the numbers below, this is market cap end of year (for this year, it is today's value), errors are +-5%.
Stock splits do not change market cap, if they split, 2x the shares and share price is 50% so market cap stays the same. OP is 100% correct that there is no additional value in Intel since 1998-1999. Sure there was cash to be made on the dips and peaks, but holding Intel long since 1999 = dead money.
Year Market Cap ($B)
1996 66
1997 148
1998 138
1999 252
2000 436
2001 186
2002 114
2003 170
2004 141
2005 157
2006 107
2007 144
2008 120
2009 76
2010 112
2011 104
2012 126
2013 107
2014 122
2015 175
2016 160
2017 160
It's split adjusted genius.
Don't take my word for it... you can look it up yourself - but you won't because you're a blind fanboy.
Enjoy your dead money.
Dividends are barely enough to keep up with inflation. This stock is a dog.
The board of directors should be ashamed of this performance.
At least intel pays dividends.