Like I said, but nobody believed me, INTC will be under $10 by year's end. Here's what's coming:
1) After earnings in October, INTC will be forced to cut its dividend, pushing this stock under $13.
2) Warning and restructuring announcement in December with a HUGE charge as INTC get rid of 15,000 employees.
3) CEO forced to resign, but, next guy up is a bean counter. INTC trades between $7 - $10.
4. 1Q 2014, the worst earnings ever with all the restructuring charges. INTC under $5 where institutions must dump INTC since it's a penny stock.
5) End of 2014, INTC does a 10:1 reverse split.
Within a year and 1/2, INTC will be around $22, BUT, you'll have 1/10 the shares if you continue to hold this f-king POS.
This is Dana's wet dream. But not even this would make him a whole man again. The only permanent thing I know of in the world of investments is his psychological dysfunction. Here is a much more likely scenario:
1.) A big deal with a major mobility player (we already know one exists but hasn't been announced) sends the stock up by $3 to the $26 range. This is after all only restoring what there a short time ago when the market discovered the power of Silvermont, Haswell, Bay Trail, Airmont and Intel's 14nm FinFET and should still be there.
2.) Recognition of the impact on the end of the ARM era sends ARM down below $30 and bumps the Intel stock price by another $3 to the $29 range.
3.) Announcement of a smartwatch deal sends Intel up another $2 to the $31 range and ARM down another $5 to below $25..
4.) Announcement of successful year-end sales and an improvement in the Windows 8/8.1 ramp sends the stock up another $2 to the $33 range coupled with further improvement in the P/E ratio. ARM drops below $20.
5.) Launch of Intel's 14nm FinFET product is combined with announcement of 5-10 new major mobility and foundry deals sends Intel over $35 and ARM below $15.
Krzanich is man of the year in over 15 business publications. The dividend doubles...