Boehner's stance today was not good for compromise. He cares more about his job apparently. It will literally take a serious market crash & public backlash to get some resolution. Its pretty clear now that the Rep. strategy is to default & blame Obama.
Its up to Boehner really. Does he value his job/position more than the good of the country? He can probably can get enough Rep. votes to pass the House, but that would mean stepping down as Speaker. Thats probably the Teabaggers end game in all of this. Force Obama to negotiate or get rid of Boehner. Either way, its gonna take the last minute crisis for this to happen.
Not sure how Intel will meet its aggressive Q4 forecast. The Street could easily take this stock down below $20 if the CEO sounds cautious. Technicals & risk/reward does not look good here.
Intel waited too long & Paul O. made too many strategic mistakes. I think we've reached the point of no return. It will be near impossible to stop the ARM momentum now.
It will take a 10% stock market correction to force the Repub's hands. Thats why Obama is already playing the stock market card - he needs the market to crash.
A smart CEO would have made Intel go vertical, by creating the entire device, about 5 years ago when Apple decided to design their own chips. Instead, we had a gutless, visionless CEO Paul O. who just stayed the status quo. Now, Intel is in a huge pickle. They're relying on "partners" who could care less about Intel's interests.
The problem is Obama is a weak leader. This would have never happened under Reagan. Congress feared Reagan. Congress laughs at Obama.
Just announced on CNBC. This is not good. The Data Center is the only thing keeping INTC above $16. The cloud trend is killing Intel's server business. And they partnered with AMD over Intel?? Embarrassing.
They showed it today. This is not good. Where is the 3 to 4 year process advantage that everyone is claiming? Intel is spending $12B+ a year on process & can no longer keep a competitive advantage. Intel management keeps saying Fabs are their biggest asset., that only they have the "secret sauce" to make FinFet work..... Something is very wrong with this company.
They're calling the socialist's bluff. Things will get very ugly now with the debt ceiling in 2 weeks. Lets see how long Obama stands by his "I will not negotiate" stance. Probably as much as he stood by his "dont cross this red line" statement.
Wants CEO job at Hulu. This company is a joke when it comes to diversification..Might as well shut down & layoff all these Media Group people & save shareholders $Billions.
What matters is the guidance Intel gives in 3 weeks. I'm not sure if a poor guidance is baked in. Q3 numbers should be in the range. I'm very worried about the holiday season, based on what i'm hearing.
The vast majority of Americans & businesses don't want ObamaCare. Obama acting like a dictator & socialist. ObamaCare will cause another recession. Lets hope the Republicans win on this one.
It is very shocking that TSMC has caught up to Intel so fast. Intel was boasting of multi-year process advantages only a few months ago. Intel is moving way too slow, period. New CEO is supposed to be a manufacturing guy. But, he's executing as poorly as Otellini.
He & Renee James were touting it only a few months ago & now he has to pull the plug. Its all over the news wires. Note to CEO: make sure you actually launch an initiative before you start spouting about it. Embarrassing.
Reported tonite. Running into "snags" & probably wont be launched this year as promised. Another failure from leadership. Probably for the best as it was a money-losing proposition. Probably a few $Billion of shareholder money wasted....Intel's business model is at very serious risk as it keeps losing new business opportunities, while its core revenue is under severe attack from mobile.