If you are long INTC and worried - Listen to Paul Otellini at the Bernstein Conference
The audio is at the intcDOTcom website.
I recommend listening to the whole thing but if you are strapped for time, then listen to the part where he talks about Intel's manufacturing process...beginning at the 34 minute mark. Very interesting and clearly shows how confident he is in Intel's lead in the manufacturing process and the advantages it brings.
BTW, I think it was a slip-up on his part when he said: "And our foundry customers aren’t going to announce that they’ve moved until they’ve moved because it would hurt them at their previous suppliers. So for obvious reasons, this has been a lower-profile kind of deal."...He backed up really quick right after that and started to talk more generically from there on. Judge for yourself.
Question: " Why should investors buy Intel stock?"
"It's a bargain... When you see traction with Window's based tablets, then the tablet argument goes away. When you see Intel based Android phones, that one goes away."
So he is saying what kind of negative arguments are currently keeping the stock down and that Intel will eventually disspell those arguments.
In the meantime, the stock is said to be a bargain by the CEO himself. And they usually don't comment on stock price at all. Must be so cheap that it warranted a statement like that from the CEO.
"We are increasing the lead that we have in the industry..... We did High K 4 years ago
@ 45 nm. People are barely figuring that out today.
Trigate, we are at our 2nd generation. No one's figured that out.
They aren't gonna figure that out."
He actually said this. They aren't gonna figure that out.
WOW!!!! A $900,000 short position in Intel and you are posting messages on Yahoo message boards on Saturday night???? Figuring a maximum of 5% concentration in one issue, your account value should be $18,000,000, and you are posting messages on Yahoo message boards on Saturday night???? What are you thinking about??? you are the biggest loser on earth (like me) or you are the biggest liar on earth (like lucy).