"The commission can raise it even higher if they choose."
The commission cannot raise the $1.45b fine, because that is what they determined was appropriate. They can open a new investigation and go through the process again, if they find new evidence.
"That $1.45 billion does not even count interest."
Yes it does. There was ZERO interest.
Intel had 90 days to pay the fine and they paid it on May 13th, 2009 .... the same day the fine was imposed. Intel senior management signed the 10q report and certify that it is correct.
Filed Aug 3, 2009
"Despite the company’s strong execution, we had a net loss per common share for the quarter of $0.07, which included the impact of the decision received from the European Commission (EC) on May 13, 2009. We recorded the full amount of the fine, #$%$ 1.06 billion ($1.447 billion), which reduced earnings per common share by $0.25. Our tax provision for the quarter was $348 million on negative pre-tax income as the fine is not tax deductible. We disagree with the EC decision and have filed our appeal. "
"This will be a huge blow to Intel and investors."
It will be a non-event unless the EU Commission fine is overturned or significantly reduced. If the case is overturned, it will still only be a minor event.
HIGH ho HIGH ho
Its off to HIGHS we go
Whistles: do do do do dodododo
HIGH ho HIGH ho HIGH ho HIGH ho HIGH ho
"I want you to MAKE money so take your profits before they pull the "wool over..." you know the rest.."
What a wonderful person you are.
If you know what you are doing, then why didn't you say to buy last Thursday when INTC was $27.50 ???
"Broken clock" advice (sell, sell, sell or buy, buy, buy) is not any help at all.
It looks like a change in analysts and the new analyst (Ramsay) bumped the Intel target up by $5 from $24 to $29.
It appears that Canaccord Genuity analyst Bobby Burleson covered Intel until recently. Burleson, in January, maintained his neutral rating and bumped the target up from $22 to $24.
January 17, 2014 10:01 AM EST
"Canaccord Genuity analyst Bobby Burleson reiterated a Hold rating but bumped his price target on Intel from $22 to $24 following lackluster Q1 results and outlook."
"It doesn't really matter that they are way ahead 14 & 10nm"
.... unless the consumer will buy the "good enough" device with a 20 hour battery life rather than a "top performance" device with a 5 hour battery life. 14nm reduces "equivalent performance" power consumption substantially .... I think it is a 60% reduction over the Intel 22nm.
"Nvidia claim that Denver is 7-way and clocks to 2.5, so, yeah, it could be a beast..."
Any guess what the power envelope (cage) would be on a "beast" like this? Seems like the 28nm parts might need a battery outside a light tablet form factor. I don't think that 20nm volumes would available to supply Google, would it?
Covello will not upgrade.
Covello will downgrade to neutral with a lowered price target of $26.
So you think that INTC is going changed directions and to hit $29 ?????
What caused your change in thinking????
Looks like a good call on your part..
Canaccord Genuity Resumes Intel at Hold
June 10, 2014 8:19 AM EDT
Canaccord Genuity resumes coverage on Intel with a Hold rating and a price target of $29.00.Analyst Matthew Ramsay
in a research note issued on Tuesday. The firm set a “hold” rating and a $29.00 price target on the stock. Canaccord Genuity’s price objective points to a potential upside of 3.91% from the company’s current price.
Yep! He out clowned me and I am one of the most pathetic.
Glad you pointed that out .... It is good that the board has its fair share of "Impotent, pitiful, pathetic, desperate con men" bashing Intel to balance his message out.
All the RSU options vest in late April and trigger at least 2 entries on the insider transactions list. A simple vesting of one option can be easily mistaken for TWO SALES if you don't know what to look for. One of the "sales" is the withholding of the taxes at vesting and the second "sale" is a journaling of the change of ownership from Intel to the exec.
Only about 1/3 of the insider "sales" are real sales".
Search for "SEC FORM 4 WIKI" for several sites that give you tips on how to read the submissions. They are pretty easy to read if you want to understand how.
"I need to be spoon-fed Friday afternoons :)"
My alarm woke me this morning and I spent 15 minutes trying to figure out why it rang on a Saturday morning. I thought it was broken, turned it off and went back to bed. This weekend, I get two Saturdays.
ideal_invst ... NO YOU CAN'T DIFFER!!!
8-) I think .... you are saying the exact same thing that I was trying to say. You and I are in violent AGREEMENT. The Intel price movement now seems based on the realization and anticipation of changing Intel fundamentals and not limited by TA.
There are a lot of investors/traders/.... who only look at the TA metrics to make their decisions. The Intel CHART shows a very wide divergence between todays price and the TA metrics which would tell these TA chart readers to short Intel because they expect it to revert.
My thinking is ....
News trumps technical analysis and distorts the technical analysis conclusions. Computex disclosures seems to have changed the landscape driving force from TA to fundamentals.
No covered calls open currently. I just have two option positions.
1. I just bought the Intel puts (I shoulda sold some covered calls rather than buying the puts).
2. I wrote 2 (pre-split) AAPL $630 OCT PUT options for $34.45.
I do well when I write the options because I don't write for expiration. I write the options at the money and then play the premium time value decay.
The Intel charts do show that the price is moving way above the moving averages. For a stock with a BETA below 1.0, Intel is over priced. The 20-day, 50-day ($26.42) or 200-day ($24.44) moving averages are traditional good support levels to return to.
News trumps technical analysis and distorts the behavior. Computex disclosures seems to have changed the landscape.
nycbottom69 has inelegantly stated a typical TA sentiment ... short? Maybe.
Everything you have said on this board could be replaced by a "STOP SIGN" so there is nothing to learn from your posts so far.
Demonstrate that you are smarter than a "hunk of metal on a stick" and I would be interested. Otherwise, your empty warnings are just "constant negative noise".
I thought the bashers say that LOW VOLUME on the upside is bad.
Now they say that HIGH VOLUME is bad too? Hmmm.
I am surprised (and pleased) to see INTC above $28 BUT I cannot figure out any public news "why". It looks like the "big boys" know something and you were "Putin'ed" and left out of the meeting. Sorry about that, but it seems like they made a correct decision.
However, Intel finishing at $28 is a guess I would also make just because $28 is an option strike price that will attract it. Option trading strike price gravity is a theory of mine. I am going to call it "DYNAMIC MAXPAIN". Notice that trading stalled at $28.00 strike + 22 cent dividend.