The only thing that will save shorts is if Intel records a 50 percent drop in revenues tomorrow. That's how large a miss Chump Street has already priced into the stock. Chump Street has lost its mind...
"No miss is price into the stock. Maybe you haven't noticed, but Intel has negative revenue growth and negative EPS growth. That's not very good."
[Revenue and EPS are going to come roaring back in 2013 as Intel's mobility strategy gets major traction and as ARM's fabrication coasts to a stop. Intel's new tablet reference design is quite good as well. You can't see more than 3 months ahead, now can you? After 2013 there will never be another reason to buy an ARM processor. Your analytic skills are not very good.]
"For a company with no cash at hand and negative growth, Intel is more than fully valued."
[No cash on hand??? Intel had $5.2 billion in cash and $8.4 billion in short-term investments at June 29. That's $13.6 billion in cash and cash equivalents. You should look some of this stuff up before you embarrass yourself and get tossed out of the paid shill pool and have to go back to pizza delivery...]
Your shameless pumping is not working Wallis. Dump the spreadsheets and take a close look at the semiconductor ecosystem.
Mobile is driving the semiconductor industry and Apple is driving mobile. The new iPhone5 has a custom SoC using the ARM instruction set, not a standard core, and believe me my iPhone5 runs laps around the 4s.
Others will follow leaving Intel even farther behind. No way does Intel license the Atom instruction set even if someone wanted it! SELL INTC WHILE YOU CAN! THE SKY IS FALLING!
Intel is failing in mobile. They cannot crack either Samsung or Apple. Not now and not ever and with a declining PC market, the only driver for revenues is servers, but that market is not large enough to compensate for the decline in PCs.
Intel is in a death spiral and I'm not sure how they can find the way out.
I think that depends on where you think the MID level price of Intel should be, I look at the low end at $17 and the high end to be $29, so the MID level is $21. Based on that, I think we could see it drop to around $18.9 with a worse than expected revenue decline... but on the next quarter or the 1st quarter of 2013, I think we'll see it back up to around $27 a share, due to increasing revenue... guess we'll just have to wait and see...