Re:Intel will lay off 20'000 employees
by vineyardmike on Tuesday October 18, 2022 @03:18AM
(#33244031)
Cisco used to have a massive market cap. Greatest in the country. Now it’s absolutely unremarkable compared to FAANG et al. It went from $80 to $12.
The fact that I had to google for the details of its fall gives me comfort that when intels time comes it won’t cause harm on its slow exit.
"Unless you bought inte directly, the rewighting should handle it. Unless it fails quickly and spectacularly"
I would find little comfort in the fact that if Intel goes down 85% -slowly but somewhat spectacularly- from its current level it will eventually be excluded from the index.