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Silicon Valley Nation: Intersil's Bell resigns, what's next?

Reconciling paths
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Brian Fuller2
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re: Silicon Valley Nation: Intersil's Bell resigns, what's next?
Brian Fuller2   12/19/2012 9:16:10 PM
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Absolutely right, but I'm not sure whether the answer is more "outsiders"... at the end of the day, it's a deeply technical industry that needs technical leadership... and maybe more vigilant investors....?

SemiRunner
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re: Silicon Valley Nation: Intersil's Bell resigns, what's next?
SemiRunner   12/19/2012 9:58:53 PM
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I have to agree with previous posts pointing to the fact that Dave Bell is an outstandig leader and his work at Intersil was a challenging endeavor. I generally feel that Wall St pressure on BOD's is causing a lot of problems for companies like Intersil that want to move into new growth markets. The change expectations are too high and the time allowed is too short. Look around the the valley at numerous companies that are fully capable of moving into a new markets but are now allowed because of short sighted boards. My opinion is that Dave Bell had the company on the right track but the time required was too short.

CHARLIE.THOMPSON
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re: Silicon Valley Nation: Intersil's Bell resigns, what's next?
CHARLIE.THOMPSON   12/20/2012 12:46:42 PM
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Dave Bell did not have the company on the right track. He purchased too many "loser" companies. The Board finally figured it out. 3/4 of the companies were an op-ex drag and destined to stay that way for years to come. Hype doesn't pay the bills.

CHARLIE.THOMPSON
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re: Silicon Valley Nation: Intersil's Bell resigns, what's next?
CHARLIE.THOMPSON   12/20/2012 12:49:03 PM
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At a P/E of over 100 don't expect any larger company to pick up ISIL without considerable fat trimming.

CHARLIE.THOMPSON
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re: Silicon Valley Nation: Intersil's Bell resigns, what's next?
CHARLIE.THOMPSON   12/20/2012 12:50:07 PM
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But not in ISIL's current form. Losing BU's must be cut first.

CHARLIE.THOMPSON
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re: Silicon Valley Nation: Intersil's Bell resigns, what's next?
CHARLIE.THOMPSON   12/20/2012 12:50:57 PM
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Dave didn't see the shift to tablets. Wasn't ready.

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