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Intel Corporation Message Board

  • backbay_bstn backbay_bstn Jan 4, 2013 10:30 AM Flag

    Why is INTC getting crushed today??

    Severely underperforming. Not good. This company needs true leadership. Otellini has dropped out of sight, long before a new CEO has been appointed. What a major disappointment he has been to shareholders. Now, there are rumors all over the Internet that Intel's 22nm mobile plans has been delayed into 2014, & Intel refuses to say anything.

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    • Intel is in its pre-earnings quiet time. There will be more information on Monday afternoon. I hope the next CEO doesn't disappoint you as much as this one. IMO, you underestimate Paul and his accomplishments. But ....

      With 5 minutes of digging ....
      Romit Shah, Nomura Securities issued his pre-Intel negative-press-briefing-analysis about Intel and the likely bad earnings news. Romit always issues a negative statement the day before each Intel event, again right after the even with his "ho-hum" review and then 3 days later, downgrades Intel to a SELL and drops the target price to the current price minus $3.

      From Romit:
      "Speaking of CES, there have been a raft of sell-side research notes this morning about what to expect at the show. One in particular predicts some gloomy news. Romit Shah of Nomura Equity Research opines we might hear bad news from some chip makers about weak trends in their markets. “We have not found tangible evidence that indicates estimates for most of our universe have bottomed,” writes Shah.

      “In analog, we believe December bookings were weaker than expected due to continued disti inventory draw-downs at Texas Instruments (TXN), Xilinx (XLNX), Maxim Integraded Products (MXIM), and a couple discrete companies.”

      “Linear Technology (LLTC), however, may have fared better. In PCs, we believe Advanced Micro Devices (AMD) and Nvidia (NVDA) saw weaker processor and GPU shipments after Black Friday. And in wireless, high-end smartphone demand outside of Samsung appears slightly below seasonal for Avago Technology (AVGO), MXIM, and NVDA.”

    • Why don't you go off and buy another 20k shares you big blowhard of a baby. By current accounts, according to your posting history you would own roughly 500 k shares!

      And if there was a shred of truth to any of your claims, it would be really hard to understand why you would continue to hang out on a yahoo message board and whine all day.

      Good grief what a fool.

    • Looks like the market wants to fill the opening gap from Wed. AAPL has already done so. MSFT almost there. INTC appears to be holding up the best of these, along with the QQQ.

    • Paul dropped out of sight and isn't saying anything because he wants INTC stock price to drop so he gets all his departing stock options at rock bottom prices. They had 6 bilion buyback money left last qtr and just sold bonds for 6 billion more and aren't buying in wholesale fasion. That 12 billion represents 1/8 of the companies value at current prices. If the bought shares with it, they could buy almost 600 million shares. At 40 million traded per day and 1/2 being buys, that 30 days of buying every share traded for 6 weeks. If that isn't reason fora class action lawsuit, I don't know what is!

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