We may have actually seen the bottom today at $20.50... it was certainly a prime buy at that price... but the future earnings reports will be the tell all to where the stock is headed... I only hope that we can maintain till then... there's not going to be any good upswing without some radically good news, and still everyday, more negative news about the PC industry doesn't bode well for intel as investors look at it as a PC company... the boys at intel need to get the news out, if there is any, that they are making great strides in the right direction... still 2 months till next earnings and we could plummet another $5 between now and then, but I sure hope we saw the bottom today...
I have been reading your posts for the last few days. You keep telling that it will go down .....if I am correct you got in at $22.xx . why dont you sell and get in at a lower price?
I see PC market evolving differently. Do you think tablets and regular laptops will be around in 2 years time? I dont think so. We are moving towards Convertible laptops ( with detachable screens = tablets). Intel is in that space. then why do you worry too much about this Price drop?
a few things :
1. PPS is being manipulated. when Intel was at $22 - Bloomberg comes out saying apple doing to dump intel. Didnt we know that before? was it new info? that shaved a $1 off the stock price. Menas big boys are buying aggresively.
2. 2013 Intel will take off.......Windows Surface Pro will be the in thing.
3. Until then ignore the stock price worst come worst - it will drop to $18......4 yrs worth of dividends.......if you are not comfortable with that price drop please sell it today and get back in later. dont loose your sleep over this.
4. You keep telling it will drop $5...........please try to learn more on valuation. Have you read their balance sheet? it is rock solid and people invest in intel for:
a) R&D b) Best engineers in the world work there c) Cash flows d) best fabs around d) divy
Dont freak out, hang on - this is a $28 stock IMO.
At best INTC is a hold, and even that is a leap of faith. INTC is all about PCs, because that's the only market generating enough volume in discrete CPUs to keep the fabs busy, and fewer and fewer people see the need to upgrade their PCs every few years. People - and companies - are spending their money on phones and tablets, and INTC has the wrong business model for that. Phones and tablets are about differentiation, not similarity like the PC market. Servers and supercomputers are nice, but the volume is way too low to support INTC. Until INTC senior management buys themselves a clue about the right strategy these guys are more likely a short than a long. INTC is currently lost in the woods, blind and deaf.
'and fewer and fewer people see the need to upgrade their PCs every few years.'
There is a certain amount of truth in that as probably Intel's biggest competitor is not AMD, not ARM but its older processors. In the old days, increasing clockspeed used to be the motivator, then more cores now it's probably less power. Haswell will provide a lot more performance and a lot less power sparking new upgrade cycles above the norm, that's what the raw specs are telling me. We don't have long to wait for this to be found out as benchmarks should start leaking out soon.