`I was hard-pressed to come up with a compelling reason to continue investing in the stock. Average' selling prices on processors are going down, no matter how you slice it. Intel is working to control' costs. They didn't execute well on that.''
'The third and fourth quarters ``are the big opportunities in this business. Intel really hasn't been able to capitalize on that. This was their quarter to shine, and they didn't do that.''
Peck has not been a strong supporter of INTEL. Him and DAN"I can't make up my mind"NILES have never been strong supporters of INTEL. Matter of fact OL PECK is big on CY so if you believe he is the next Messiah you should be buying CY stock right NOW!
What rock have you been hiding under? What ever downgrades where coming arrived today. But guess what there is more support than downgrading. Go AWAY you fear monger!