Intel Corporation Message Board
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I would say the selling has been overdone on INTC.
INTC is a member of the Dow 30, Nasdaq, and the S&P 500.
They certainly had by far, one of the best earnings announcements and have not warned ever since. Stock did not go up much to begin with after the earnings announcement.
Yet for the past month, the Nasdaq has dropped 3.8%, the S&P has dropped 2.5%, and the Dow has dropped a mere 1.4%.
During that same time, Intel so far has dropped 14%.
I think this thing has been way overdone.
I would somewhat understand if Intel seriously missed and came out with a second warnings. But a 14% drop with no news after a record earnings result just does not make sense at all.
Intel certainly deserves alot better than this. Alot better!-
Is that right?
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Are you sure?
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Don't you see $13.00?
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Investors are very worried over the price intc paid for mfe
- 3 Replies to crksm
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The selling is still going on. INTC goes down every day
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I don't think the concern over the price paid for MFE can still be the driver for the downward price pressure on INTC. The move down from $22 to $18.70 is worth over $18b in market cap. If INTC gave away $7.7b for no reason, instead of using it to buying MFE which has some value greater than zero, this move would still be overdone.
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I'm not worried....many questioned the HP move when they bought out Compaq. They overpaid in a down market. After the buyout the combined price of the two companies sold as low as $10/ sh...one year later it was $30/share. Today HP is how much????.....that's right it's $37/sh after falling from an all time high of $75 a few years ago....Remember MFE must eventually be reflected in the Price of INTC....obviously that has not happened yet.
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" But a 14% drop with no news after a record earnings result just does not make sense at all. ".........This is your opportunity to buy...Remember stock prices are determined by Market makers. Their ability to manipulate is more pronounced during times of light volume, for example summer months.
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