Romit Shah is determined to ride this decision right into the ground.
He issued this update right after the Investor Day. I am surprised he waited until the end and only issued it once.
Nomura Securities Maintains a 'Reduce' on Intel (INTC); Update From Investor Day
May 10, 2012
http://www.streetinsider.com/Analyst+Comments/Nomura+Securities+Maintains+a+Reduce+on+Intel+(INTC)%3B+Update+From+Investor+Day/7425929.html
Either Romit Shah is in denial or he's a total idiot. Intel is firing on all cylinders but he chooses to ignore it and wrote a mediocre summary about their update.
Same with Chris Danely. All these analysts are bearish and have little knowledge and understanding of Intel's manufacturing prowess.
With Intel's missle lock on the competition its superior chips and manufacturing prowness, it does not matter what the pundits like Shaw or Covello say. Intel will continue to prove them wrong as its stock price moves to the $40s
He and Nomura are paid shills by the hedge funds that short this company. Short position up for April.
Has anyone got a track record on this guy?
5) "Manufacturing – It’s hard to see how Intel will fill available 22nm capacity over the next year. That said, from a competitive standpoint, Intel’s lead continues to grow. High-k metal gate lead is around 3.5 years and Tri-gate lead of 4 years."
Just afew days ago I red the opposite - Intel would not be able to meet Apple demand.
22nm SoC has now priority - and they will try to pull it in
I wonder if his boss reminded him that he has been saying reduce on Intel since it was trading around $19 and had a target price of $18.
For someone who rates a stock a reduce at $19 and gives it a target price of $18, it must look odd that he has raised his target price to $25 today.
I wonder if his boss has mentioned to him that he should have just given it a strong buy rating when it traded at $19.
The guy has obviously become a complete joke.
He just doesn't know it yet.
Every office has one.
Just like the joke of this message board being Lucy.
He says one thing but nobody really knows what his firm is doing - somehow he must make money for the firm.
Otherwise why keeping what appears to be an idiot on the payroll
It's personal now and he's making business decisions based on personal hatred since Intel doesn't give him the time of day.
Unprofessional little kid.
Romit Shah has no background in semiconductors, has never worked in the industry.
His opinions are worthless in the semiconductor world.
He probably didn't understand a thing at the investor meeting yesterday.
Pay attention to what the Citi guy says, he has been in the biz.
Unprofessional little kid.
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Much like Wallis, your flagship alias.