Intel's Barrett says video conferencing on PCs big Intel mistake

At a panel at a Dow Jones conference in West London today, Craig Barrett, CEO of Intel, claimed that his company had entered the PC videoconferencing market too early. That was Intel's biggest mistake, confessed Barrett. But Ray Lane, financial director of Oracle worldwide, appeared not willing to admit he or his company had ever made a mistake. The chief operating officer of Alcatel, however, said that his company's biggest mistake was to have spend millions of dollars researching video on demand, and pressed Lane to admit a similar mistake. Lane admitted nothing. David Potter, chairman of Psion, was also reluctant to admit any mistakes, leaving Craig Barrett looking cool against the rest of the CEOs. Andreas Barth, billed as attending, left Compaq last week. His chair was empty today, so demonstrating that if you're not there, you can't get yourself in trouble... Barth left Compaq last week. ®