I believe your right. Problem is, there appears to be an endless supply of them. Until they are gone, were screwed. Our illustrious CEO doesn't help either, but that will change on 5-2-13. Maybe we can get someone like Meg at HPQ who can champion INTC for a change.
I would pick someone more like Richard Templeton.
The company is nothing to write home about but the stock valuation is nearly twice that of Intel's.
He seems to be a big cheerleader for the stock, even at the lofty valutions it has been enjoying lately.
With a weaker growth than Intel, they still decided to announce a 33% dividend increase today with an additional $5 Billion in buybacks on top of their current $8.4 Billion.
It's no wonder that the stock rose over 5% today.
I don't pity the constant INTC pumper who failed to sell at 29, 28, 27, 26, 25, 24, and the last best chance was the after hours spike to 23.00. Poor Waldo relates to financial acumen relating to INTC trading.