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Intel Corporation Message Board

  • wallisweaver wallisweaver Nov 11, 2013 3:57 PM Flag

    Schaeffer's Trading Floor Blog

    News Brief: Intel Corporation (NASDAQ:INTC) announced late Friday that it has acquired Santa Clara, Calif.-based Kno, and will take on the educational software start-up's employees, with the exception of co-founder and CEO Osman Rashid. According to John Galvin, general manager of Intel Education, "The acquisition of Kno boosts Intel's global digital content library to more than 225,000 higher education and K-12 titles through existing partnerships with 75 educational publishers." The financial terms of the deal were not made public.

    On the charts, INTC has tacked on more than 17% in 2013. A recent burst of positive price action brought the stock north of the $24 mark. This area emerged as resistance in mid-September, but now appears to be serving as support.

    [Despite the stock having moved up 17% in 2013, we have posters that tell us every other day that the stock is dead money.]

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    • wallisweaver • Nov 11, 2013 3:57 PM Flag

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      Schaeffer's Trading Floor Blog
      .

      News Brief: Intel Corporation (NASDAQ:INTC) announced late Friday that it has acquired Santa Clara, Calif.-based Kno, and will take on the educational software start-up's employees, with the exception of co-founder and CEO Osman Rashid. According to John Galvin, general manager of Intel Education, "The acquisition of Kno boosts Intel's global digital content library to more than 225,000 higher education and K-12 titles through existing partnerships with 75 educational publishers." The financial terms of the deal were not made public.

      On the charts, INTC has tacked on more than 17% in 2013. A recent burst of positive price action brought the stock north of the $24 mark. This area emerged as resistance in mid-September, but now appears to be serving as support.

      [Despite the stock having moved up 17% in 2013, we have posters that tell us every other day that the stock is dead money.]

    • "Despite the stock having moved up 17% in 2013, we have posters that tell us every other day that the stock is dead money."
      Wallis--You love to cherry-pick your facts. Intel's stock price is at $24 and change today. It's been there every year (but one) for the past 11 years. Unless you've been trading the stock (and you have provided no evidence of that) no one needs a college degree to see that the stock price has been dead in the water since it was at $24 in 2002.

      Sentiment: Hold

      • 1 Reply to jceandthegirls
      • "Wallis--You love to cherry-pick your facts. Intel's stock price is at $24 and change today. It's been there every year (but one) for the past 11 years. Unless you've been trading the stock (and you have provided no evidence of that) no one needs a college degree to see that the stock price has been dead in the water since it was at $24 in 2002."

        [And if you could draw a straight line through all those prices for all those years then you wouldn't be an idiot. But you can't and you are. Alexander explained in some detail exactly how to play Intel's volatility but you are too stupid to do anything but sit on the stock (supposedly) from year to year to year. Who is so stupid as to do this? Yet you still use this as your model because it allows you to make inane criticisms.

        The stock has gone up 17 percent this year. No matter how you slice it, this is not dead money. It's just you and your manipulation of statistics to prop up your stupid "dead money" argument. No one is buying it. The stock went up 17 percent. Get used to it. ]

 
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