I don't think the risk of INTC missing/warning was high...the guidance is pretty modest.
Intel is smart to more aggressively fight for enthusiast dollars. They will spend as long as there is reason to spend. Hope Broadwell-E comes in under a year after HSW-E.
Intel looks to finish the day down 0.31%, outperforming QCOM (down 1.32%), ARMH (down 0.67%), and Broadcom (down 0.78%), but underperforming NVDA (which, should be noted, was a massive under-performer in yesterday's session).
With nothing material to report, that's it for the Intel Report. See you next week.
There are some posters on here who treat INTC like a small/mid cap name thinking that every PR/news release is a reason to buy the stock.
Intel is a $120B+ market cap company. One product launch, one meager design win, or one PR ain't gonna do it. When Intel has line of sight to $2.50/share in earnings, the stock price will go over $30 (assuming 12x multiple).
Until then, we are stuck in a fairly narrow range that savvy traders will exploit by selling calls/buying puts near the top of the range and buying calls/selling puts near the bottom of he range. It's really that simple, and it's this kind of trading methodology that can make you the big bucks on a name like INTC.
The only folks that can "pump" INTC are the analysts, which is why you're seeing BK and Renee James being much more friendly to the analysts than P.O. was.
Unfortunately, while you can get a good couple of % from an analyst upgrade, you're not going to get a real move up until earnings move up to justify a move.
I know for a fact that AMD has its own "internet influencers" group, which is why you'll see a lot of crazy pumpers on that board. Intel, on the other hand, is a high integrity company and any folks that receive a pay-check from Intel to do community relations (i.e. post on boards) are usually very good about disclosing their employer and position.
This was an eye-opener, particularly the following:
"I was told to not worry about posting on Yahoo message boards, because DTG has a full team which handles the posting of numerous bullish messages on places like Yahoo Finance."
Oh, and one more thing...the SGX 544MP2 in Z2580 looks to be twice as fast as the Adreno 305 inside of the S400 in the Moto G according to GFXBench.
I think that this lineup of phones (with CLT+) is actually extremely compelling, particularly as they offer far more performance than the Moto G (which is already a great value) for the same or even lower price. While I've been not so happy that Intel is still releasing 32nm CLT+ chips, I must admit that if the battery life story is good on these phones, they'll absolutely smack anything with a quad ARM Cortex A7.
I have requested a review sample from Intel and plan to do a lot more work on this phone (particularly, I plan to use it as a daily driver for a week then will report my experience). I have ordered a Moto G (paid for out of pocket) and will be comparing them. Not just in benchmarks, but as far as user experience goes as I will use that as my daily driver for a week as well.
Those are my thoughts (for now). How about yours?
Intel is flirting quite a bit with the 50MA, but I think a meaningful break above it will only be triggered by a solid earnings report.
In particular, I see the following matrix of outcomes:
1. PCCG beat, DCG beat - full year guidance revised upward, stock becomes technically healthy and after an upward correction moves w/ the market.
2. PCCG miss, DCG beat OR PCCG beat and DCG miss - remain stuck in a fairly narrow range
3. PCCG miss and DCG miss - back to $20.
I think the odds of (3) are extremely low, but I do worry that in Q2 last year, the guide took into account an abnormal degree of Haswell being sold into the channel for a system ramp later in the year. I do not believe Intel will benefit from this for Broadwell in Q2 (you should see it more in Q3) so any Y/Y increase in Q2 will depend on PCs staying mostly flattish with sequential growth from DCG, in my humble view.
Looks like Intel outperformed the QQQ, currently down 1.27% against a QQQ down 1.67%. Intel is also outperforming Qualcomm which is down 1.95% and ARM Holdings which is down 2.63%.
Intel's quiet period begins shortly and will report earnings on 4/15 promptly after market close. Investors are expecting revenues of $12.81B, which is up modestly from the $12.58B achieved from the year-ago period.
That's all for the Intel report. Check in next time.
I view the messages on this board in messages mode, and I have wallis on ignore, but I must admit that seeing his messages coupled with your thoughtful replies makes for truly excellent entertainment.