I guess, you don't have to be the sharpest tool in the shed to read between the lines....GOOD TIMES!!
March 13, 2012
09:55 EDT ENTR, INTC Entropic may benefit from Intel entering streaming video, says DA Davidson
DA Davidson said Entropic said Entropic (ENTR) shares should lift on news that Intel (INTC) will enter the streaming home video market. The firm said Intel currently partners with Entropic and was a former investor in the company.
February 12, 2013
15:45 EDT ENTR The Vanguard Group reports 5.82% passive stake in Entropic
13:25 EDT INTC Intel up 0.5% to $21.20 after confirming plans for Internet TV service
13:19 EDT INTC Intel confirms plans for Internet TV service, AllThingsD reports
13:16 EDT INTC Intel to launch TV service, CNBC reports
CNBC says Intel (INTC) expects to launch the TV service, which will include video on demand and live TV, during 2H.
February 6, 2013
10:16 EDT ENTR Entropic management to meet with Needham
Hate to rain on your parade, but I will, as usual, say that though this is good news as it again shows that major players want in the connected living room, it doesn't have any effect on ENTR's bottom line. Intel's box is no different than the multitude of other offerings available....Google TV, Xbox services, Apple TV etc. There is no more gain for ENTR with Intel than with any of those other offerings. If someone chooses an Intel internet box over Google TV its a net 0 customer gain. Its actually worse for ENTR if the customer chooses an Intel internet box over traditional cable with Comcast etc.
Couldn't you argue that the Intel box will take potential Comcast (cable carriers) box customers? Boxes that ENTR actually provides chips for.