I would not be surprised if Intel actually comes in at over $3 EPS this year rather than 2013 due to this huge fabrication process lead using trigate technology. Market will be surprised though. Stock obviously has once again become extremely cheap. I'm buying as fast as I can get the money transferred to my account. This latest drop with most of the techs could be due to the hype on buying Facebook stock as well.
I think that Intel themselves will crank up the buyback action at current levels. I'm not too hopeful about Warren Buffett's actions anymore. He just doesn't understand technology.