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Intel Corporation Message Board

  • nuggy99 nuggy99 Jan 18, 2008 4:31 PM Flag

    I think this stock is oversold!

    They have and are making lots of money!

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    • I have to agree. People selling at this level have to be losing a bunch of money.

    • At this point it doesn't really seem to matter. I have made many points as to why stock was undervalued in the $20's. But when Intel management gives a few tidbits to shorties to play with, they will take this stock through the ringer. They did it in 2007 around this time when gross margins came in less than expected. Now it's the revenues. Regardless of where the weakness is coming from. There is a huge manipulation going on possibly to take away as many shares as possible on the dirt cheap prices. If any tech will come out of any slowdown, it will be Intel. But many choose to not believe that. So we holders suffer for now. Hope it's not more than 6 months time. I finally got out of Cisco for a nice profit even though the stock never rallied, and now I'm swimming in the red with Intel for now. I had to take it with Cisco, and now I'm taking it with Intel. Luckily, over 80% of my current portfolio is back to being cash and my net worth makes my stocks and options nearly negligible. Almost bought more today, but I think I'm done buying. Time to just hold. Intel is still worth over $30. In time investors will be proven wrong yet again.

 
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