Word: intel
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...Management: "They now have far more potential than risk." One of Nabi's favorites is Home Depot, whose profits have been soaring and should grow an additional 14% this year. Yet the company's shares sit 39% below their level of six years ago. Other depressed blue chips include Intel, Dell, J.P. Morgan, Wal-Mart, Coca-Cola, Verizon, Citigroup...
Perhaps even more important than the struggle of U.S. students to keep pace with their international peers is their failure to keep up in enthusiasm for the subject. At 2004's Intel International Science and Engineering Fair in Portland, Ore., the world's pre-eminent precollege science event, Intel chairman Craig Barrett asked China's Education Minister how many students there take part in regional science fairs. "When he said 6 million kids, it was a moment of reflection," says Barrett. In the U.S., about 50,000 take part in the fairs. Stanford University president John Hennessy is worried about...
...jobs there or the next Cisco is actually created there?" That's not so farfetched, says Du Pont CEO Chad Holliday: "If the U.S. doesn't get its act together, Du Pont is going to go to the countries that do, and so are IBM and Intel. We'd much rather be here, but we have an obligation to our employees and shareholders to bring value where...
...grants, meanwhile, have been essentially flat for the past 15 years. The one exception: the National Institutes of Health, whose budget doubled from 1998 to 2003. "Unless there's an emotional appeal, basic research is well beyond the time span of the next election," says Craig Barrett, chairman of Intel. "There is a very emotional attachment to research on cancer or chronic illnesses. It's much more difficult to say, What will the structure of the transistor look like in the next 15 years...
...Wattenberg's phrase, the first universal nation, indeed the only universal nation. Every street corner in New York City is a rainbow of humanity. The resulting interaction and fusion of cultures produce not just great cuisine and music and art but also great science and technology. Intel was cofounded by a Hungarian, Google by a Russian, Yahoo! by a Taiwanese. We are the world's masters of assimilation. Where else do you see cultures and races so at home with one another? In China...