ricep5Premium
join:2000-08-07
Jacksonville, FL | It's 1885 all over again History repeats itself......
In 1885, the cash cow railroads (New York Central and Pennsylvania) started investing in marginal railroads outside of their traditional service areas to get expanded access to new markets without running into anti-trust problems with the Feds.
Intel is no different. They want to create a new market for their goods without running the company themselves, so they invest in them instead.
The railroads eventually divested themselves of the assets in the 1920's when rail mileage was glutted and overbuilt.
Intel will prop up these companies until something else (probably 700mhz) will glut the market.
Same story, different stuff, new era. |
