Not that I think earnings will be a problem. I expect something slightly better than in-line. But it's really going to be about guidance. And since Intel's inventories were low there's a good chance that inventory rebuilding offset the PC sales weakness. We know results are going to be okay or Intel would have warned.
Why worry either way when Haswell and the end of the ARM era will be here in seven weeks...
Wally - you may be right about not affecting the earnings, but the big boys who are short just shot the momentum in the head. Just like last qtr. we were over 23/share after hours and the Paul opened his mouth and we went to 21 and never recovered. You knew this was coming when someone bought a huge amount of puts yestrday. they had access to this information and made sure to capitalize on it. They used to call this insider trading, but the SEC ignores it because they would have to work to stop it. Very sad when 1.5mm shares can negate a whole days gain with 65mm shares.
agree. maybe it can regain momentum over the next 3 days and continue up until at least ex date. Manipulation runs rampant in the market but SEC looks at porn all day instead of doing their job. (Trying to get my son a gov't job)