Long-term, Intel is a buy below 20. However, based on the weak numbers and forecast (Bryant sees NO IT SPENDING RECOVERY), Intel probably languishes in the upper teens while the Dow continues to try to break the 52-week low of 8060.
Yes long term as someone just posted i too think INTC is a buy below $20. Long term as in if you have a 5 - 10 year horizon. But if that is the case I wouldnt be a buyer in the middle of the pumping that is going on