Goldman Sachs' James Covello continues to doubt Intel even though Intel has proven him wrong by a wide margin for over two years now. I just found out from Intel's investor relations that James Covello is the one who has the lowest EPS estimate for Intel's 2012 earnings. They currently are expecting Intel to earn $1.50 for 2012. In other words, Goldman's James Covello is expecting Intel to post negative growth. Hopefully wall street news keeps a close eye on this clown and expose his huge innaccuracies in analyzing a great company like Intel. I for one think Intel will earn more than double what James Covello thinks.
he said sell when this puppy was 23.97, hasn't come close to that price since, his downside target was 21.00, which was hit. semis woefully underperforming since the markets got overbght way up there at 59,44 on the qqq, elevstor back down hasn't stopped, volume on the dowside has increased