Well, I would troll the INTC message board and pump AMD.
I would expect the final price to be somewhere between the bid and ask prices. Half way would be $350m. What did you see?
What price did you hear?
"Terms of the deal were not announced, but the final price is believed to be somewhere in between the $500 million Intel had asked for and the $200 million Verizon had offered. Both companies are expecting to close the deal in the first quarter of 2014."
I would expect the price to remain relatively unchanged and orbit the option strike prices. When Intel trades AT the option strike price, the option premium is the highest and gives the option market maker the most flexibility to defend himself from arbitragers.
The dividend should be declared today or tomorrow with a record day (3 days before ex-dividend) of Friday 1/31 or Monday 2/2.
There are some largish (4,000 to 5,000 contract) ASK QUANTITY when the price hits $25.52 which implies that they are SELLING put options at $25.50 and $26.00 for Friday 1/31.
$25.50 31/33 cents bid/ask (proxy "buy" for $25.19)
$26.00 59/62 cents bid/ask (proxy "buy" for $25.41)
On 01/15/2014, 136,967 shares of an RSU option VESTED.
If I read the SEC Form 4 correctly, 38,418 shares were sold to cover the RSU tax liability and estabish the cost basis of $4.47. She retained ownership of the remaining 98,549 shares.
Looks like a simple RSU vesting event.
Article dated "January 17, 2014 9:11 AM EST" which is predictably right after the event. Covello should reiterate in one or two weeks. He follows the same pattern that he has for every quarter since he downgraded Intel on 11/29/2012.
Covello price target for INTC is 20% below any other analyst. Everyone would have to be wrong for Covello to be right. Outliers are rarely right.
Both Walls and nenni kept repeating the same "2104" number, multiple times. There is NO WAY that nenni was not part of the joke. Are you saying that nenni made an error with numbers, math and computation? That "would" go a long way explaining his mistakes about TSM advanced processes. There are numbers all over the place.
"Nonsense, PCs are commodity but the processors inside and the software that sits on them are both monopolies."
I would expect that there are other "PC" components that are similar non-coercive monopolies. Oscillator, capacitors, key caps, ....
If you talk about the PC AND the devices that are cannibalizing the PC market share (tablet and smart phones), then you would be hard pressed to describe either the processor or the software as being in a monopolistic position. The only way anyone could claim they were a monopoly today would be to artificially constrain the boundaries of the market.
You and the theblueredmonk are unusually grumpy at Wallis today. Your postings remind me of his but with the extra personal attacks.
There is no XP versus Win8 correlation, let alone any cause-effect relationship. They read stuff in a blog and then spread blog relish all over the net.
OEMs stopped shipping XP October 24, 2010 before Win8 was introduced. .
Windows 7 is solid, enterprise worthy and widely used. Unless there is some reason for buying Win8 (touch screen, curious buyer, .... ) then many people (including me) requested the system with Win7 installed instead of Win8.
The large number or XP system still in service indicate that those systems are older than October 24, 2010 and would benefit by having HW that pays for itself with power consumption reduction.
If you want to see XP in action, look closely at any terminal in a Home Depot. They are all XP.
What if TSMC is not still making the 20nm product in 2104? Wouldn't that mean that Wallis wins the bet? I would think that you have to wait until 2104 or TSMC ceases to support its 20nm node.
Most of the predictions on this board (including mine) have been notoriously bad. They seem to be either black or white. All good or all bad.
Half say "to the Moon, Alice" and the other half say "this POS has done nothing in the past and won't change". Oh, and some saying "Oh dear! Oh dear! I am so worried."
Intel is a mature company that has strong patents, products, workforce, customers and produces a solid stream of cash that it returns in the form of dividends. Without the 200m short interest, there would also be some slow share price appreciation.
Intel has been (for me) rather comforting and rewarding by selling call options at share price peaks, selling put options at the share price bottoms and collecting the dividend along the way.
I get good product information from Wallis for me to consider but I get very little from the "this dog is going down" crowd other than a cluttered screen.
Dividend is DECLARED, probably Tuesday or Wednesday to be recorded first week in Feb.
I expect it to be unchanged BUT .... they could CHANGE it which would move the stock.
NOTE: I used the word "CHANGE" but I would expect any change to be an INCREASE.
"Wonder why you can get a Windows 8 tablet with an Intel Atom processor for less than the price of a Windows RT model with an ARM chip?"
I find that the pricing of tablets is extremely sensitive to the screen size, screen resolution and accessories (camera, keyboard, memory, ... size and quality) that come with the device.
Can you give one example of your pricing quirk?? I just have not found any evidence that it is true.
If you examine Holt selling, he is a regular seller and has kept the number of shares that he has owned in the 20,000 to 40,000 share range. At $20 per share, that is typically between $500k to $1 million other than his unvested options.
The 10b5-1(c) algorithm can be simple or arbitrarily complex. Reading the law makes my head hurt but it seems to try to insure that the trade is sufficiently distant (over 30 days) that insider information cannot be used to profit.
Back on Apr 25th, when INTC was trading at $23.38, Holt could have said "Sell on this day" or "Sell if the price is above $.$$" or .....
IMO, the order was entered in 2013 and the sale was targeted for early 2014 for 2013 tax reasons. It is likely part of an ongoing program and expect more and regular Holt sales.
2 years ago, there was an eetimes article indicating that Intel was the #1 company contributing to ARM revenues in 2010. That has probably changed by now but I expect Intel is still in the top 10. I think they are one of only 2 companies who can use either the ARM or x86 in designs.
I like secform4DOTcom
Holt put in the sell order on April 25, 2013 ..... notice the year 2013.
He is a regular seller and keeps his ownership flat.
( 1 )Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the undersigned on April 25, 2013 that are intended to comply with Rule 10b5-1(c).
"Maybe Democrats should help Republicans in balancing the Federal budget."
It would be nice for the two parties to focus on the success of the USA instead of their own political party. The current Republican position has given the extreme liberal left much more power to influence legislation.
"Obama's 5 years, USA debt has gone up about $5 trillion. Unprecedented in history, and unsustainable"
He did inherit substantial inertia that the other big spender did not have. 8-)
Two up and running wars, the financial impact of Medicare Part D just hitting full stride. A good chunk of that debt was already on the "open tab". That cost will continue for a generation of two.
"Look what 50 years of Democrat rule did to Detroit."
I hope that no one in your or my family is ever subjected to the Republican solution .... for .....
A well intentioned, over simplified solution to an issue that requires much more and careful thought.
In 1986, the Democratic Party felt the same way. Their solution was to punish companies who paid their 5 top executives more than $1million in compensation. They passed "Section 162(m) Limitation on Deductibility of Certain Compensation for Federal Income Tax Purposes ". Corporations could only deduct the first $1million on their tax forms.
The net effect of this new well intentioned law was to cause corporations to look for other means of compensation. Corporations settled on stock options which did not require the same limits nor did they have to be carried on the books until they were exercised.
Many more details and reading available on this.
How did those stock options work out for companies???
I see a lot of posters who complain about all that "free stock" being handed out.
1. Intel did not indicate who would be affected.
2. if they were engineers. there will be companies lining up to make offers.
3. $100,000/year with bennies ??? funny ..... burdened cost of an engineer is several times that amount.
•Software Developer: $89,000
•Java Developer: $94,000
•Software Engineer: $94,000
•Senior Software Engineer: $98,000
4. it is rather humorous to see someone who borrows money from Karen, who gives investment advice to make $97 trying to give management strategy
What you do on this board trying to cheat other with misinformation is more mean spirited than any company.