All he added today was more confusion to the markets. If Bond yields move up sharply, very bad for equities. INTC being taken to the woodshed.
Very surprising. This is worrisome as Qualcomm now has a chip that rivals PC performance. Qualcomm continues to be a big thorn in Intel investors' sides.
Before they start bashing again. They know Intel will not stand up for shareholders to defend stock price. Quiet period starts next week I believe. This is the same game that goes on quarter after quarter after quarter.
I think we'll see $23.50 - $23.75 before earnings. Just my opinion. PCs sales are not great, and people will be worried about Intel meeting an aggressive 2nd half forecast. Earnings in general are not great. We're see the market hold up to these huge gains frankly because there is no place else to park the $$. This will only lead to a nasty correction at some point.
The rising bond yields are going to really hurt the high dividend stocks like utilities & INTC. The New CEO better start thinking about raising the dividend, if there is no fundamental business growth.
Too good to pass up.
I guess Apple isnt using its own ARM-based chips for its thin laptops after all. Huge win for Intel & a crushing blow for ARM.
Should be this afternoon sometime.
I agree. No business pickup in PC spending until Windows 8.1 & thats next year. Microsoft really screwed Intel with their garbage Windows 8 OS. Cost Intel at least 1 year of delayed sales.
A total disgrace of what the bear analysts did to shareholders this week during a big Intel product announcement. Borderline illegal. Show some leadership Mr. CEO!
My model now says expect a test of $24 very soon.
This is the time (next week) for them to warn if they are not meeting estimates. A week or 2 before their "quiet period". Analysts have put a lot of fear into shareholders.
Problem is companies are still not upgrading..Windows 8 is garbage & IT budgets are frozen.
Got to hand it to them. A coordinated effort & they managed to change sentiment 180-degrees. Now, people are worrying Intel will miss their earnings & 2nd half forecasts. Plus, they timed it with the start of market correction. $26 - $24.40 in 2 days. Impressive.
Would have waited until Friday job numbers. If they are bad (under $100K), thats just the excuse for a 500-1000 point correction in the Dow. Obamanomics is simply not working. No one is hiring & no one is investing in high-tech capital. There is no incentive to do so.
Seriously, Haswell is getting more negative press than positive on the Internet forums. This is how Intel spends its R&D? Something is not right. Intel should be burying the competition & taking share with this much spending. Not good. Give the $$ back to the shareholders if management cant spend the $$ wisely.