The headline says Intel cuts i7 prices, but in the article there is mention of price cutting of just three processors in Pentium and i3 categories. Nowhere mention of i7 or even i5 price cuts within the article.
Can the reporters stoop to such a low level to berate Intel? Do they think that people will just read the headlines and press Sell button?
Important to remember that whether its a newspaper, magazine or other print-type media, the person who makes the decision on the headline is seldom the person who writes the story. In this case, the headline writer probably looked at paragraph three where it says "Intel has ALSO reduced the price of its Pentium G63" and concluded that Intel had reduced the price of the i7 mentioned earlier. The headline writer is seldom familiar with, or cares about, the contents of a story--he/she is simply interested in grabbing the reader's attention. In this case, both writers can share the blame--one for unclear content, the other for being careless.
Here is the contact information for the emoney staff writer of the incorrect Intel i-7 processor pricing: D.Rayner@moneydaily.com By the way, it turns out Dallas Rayner is the "Automobile" expert at MoneyDaily and NOT the "Technology" guy. It wouldn't hurt to drop a quick email to notify them of their error.
Don't forget they are still buying back stock. If the headline helps shake out shares, great.
Personally, I think this company is doing things to enhance shareholder value.... shareholders being those willing to hold for more then a few days and understand the complexity involved in moving Mt. Everest to the moon.
Does that really surprise you? A monopoly, beating every Q for past 1.5 years, trading at trailing and forward P/Es of stupidly low dimensions, pays a hefty, safe dividend, buys back billions.... Just look at JAn 13 $25 calls! Now if that is not stupid, what is? All said, I am sure all those ANALysts, especially Generally Scam (Goldman Sachs), are doing whatever at their power to bring it down.