Let us not forget that Intel is already priced for complete and total disaster on every front just as ARM is priced as if they will expand to another dozen solar systems each week.
Intel doesn't have to walk on water to merit a much higher price they simply have to avoid the bottom falling out. Chump Street priced in an $8 billion revenue miss last quarter that never happened. At all. This means unless Intel has an $8 billion revenue miss this quarter that the stock continues to be HUGELY undervalued. Given Chump Street's valuation, there had to be a revenue warning for this quarter. Otherwise their whole story is totally and completely wrong. Well, so far no warning.
Implication: Chump Street was totally wrong last quarter and they continue to be totally wrong. Intel is stupidly, horrifically under-priced. And even if they gave a warning it would have to be an $8 billion miss warning to justify Chump Street's valuation. We all know that's not going to happen.
This is going to be the year that the market manipulators on Chump Street lose their moxie, their mojo and their ability to push the Intel stock price around.
In the meantime, Chump Street continues to poop where it eats, continuously attacking Intel and the US economy. Enough is enough...
I still get a giggle out of you saying you work 80 hour weeks. Can I have your bosses number? I'd love a job where I can get paid for that job and not do the job and just post long blogs on the Intel board all day.
Wallisweaver..........a dirty lying scoundrel that wants to con you on the Intel board.
he needs to work long hours because he wastes so much time. trading based on technicals is far easier than the tech geek he keeps spewing out. he didn't have the brains to sell at 24 in 2010 on the way to 17, nor the brains to sell at 29, 28, 27, 26, 25 or even the lofty 24.00. He will be working for a long long time as he most certainly will not get rich holding INTC, or any chip stock for that matter.