Shorts are toast as Intel drives to $40! Go Intel!
Sentiment: Strong Buy
and Intel's competition in tablets and phones has only just started. The competitive picture for ARM will not look any rosier once Intel's 10-14nm mobile products are out there in volume. ARM has had a good bubble run fooling a lot of people that it is the next Intel but it is not and $15-20 awaits it in years to come.
'The drop in value per new license sold implies that most of ARM's larger deals have been completed, firm says.'
I said last quarter that this is an unsustainable source of high revenue, it will have to come down to royalties in the end and their growth spurt is ending too. Any sane analysis over the last few years can not really justify a price much higher than $15 and now the market is beginning to move to that.
Buffett always said he never understood technology companies and his preference of IBM over INTC just proved it as Intel has the more unique differentiated products.
Wallis has provided a lot of good DD on Intel and its competition over the years and more often than not he has been on the right side of the technology wind. His mistake is getting into pointless thread-cluttering personality arguments with you and others, You should just ignore each other and both your lives will be better for it.
Great prediction. Hope Yinz listened to marco.
GLD has done great compared to intc since Mar. 2nd. Just think of the tax writeoff you'd have.
Hope everyone listened!
Open in chrome:
Bend over Longies, it's that time again.
marco the genius : - ) I Yinz is gettin tired of this, just place a market SELL order and live happily ever after, maybe longer.
Well, actually he hates all liberals. Make that all Democrats. And minorities. And gays. And anyone who disagrees with him.
In fact, Twink Lil' Kim hates about 87 percent of everyone in this country.
He would vote for Kim Jong Un before he would vote for a Democrat.
He's a real American.