I applaud them for being upfront, but just stating personal frustration, as I was looking to unload several plays in the semi sector this week, and wasn't waiting till earnings, but if the market can't rally off of intc's #'s , I'm not sure what it will take. Best qrt in their history, and thats saying something, and then guided higher. All the equip stocks rolled over as soon as klic news hit, and intc raised guidance on spending which is usually good for a 5% pop in amat, klac, etc. Timing still $%%#$%, from a trading standpoint
When INTC revenue is at record high, their chips sold had already been wire-bonded. It means that KLIC machines have been sold and production capacity installed to the max. So it should not be a surprise that once adequate production capacities have been installed, customers will stop placing or start pushing out orders. This is very common in the capital semiconductor equipment industry. Time to sell out and to short the stock - <$5 in weeks.