I know it was more than a texting app. Since this story was about Intel not Facebook I probably shouldn't have thrown that line in. But here's why I did: I'm s

I know it was more than a texting app. Since this story was about Intel not Facebook I probably shouldn't have thrown that line in. But here's why I did: I'm sure there are all kinds of arguments, explanations, justifications, rationalizations (call it what you will) for FB's purchase of WhatsApp. But my gut feel is that it's not worth paying 1000x TTM revenues for it. Admittedly a large part of the price was in stock not cash. Same with Intel's purchase. My gut feel is they shouldn't be buying a watch company. Intel has an abysmal track record with acquisitions. I think it's a sign that they're desperately flailing around. I'd rather see them try to become a world class foundry. They certainly have the technology and expertise, and it's much closer to the CEO's background. I.e. "stick to the knitting".