Let's face it: Wallisweaver is a wishing and hoping, might and maybe stock-holder. He will never admit a mistake, cherry-picks his facts, and is intolerant of anyone who offers a contrary point of view. Sad, but true.
The Wi-Fi must be down at the Bigfoot Motel in Willow Creek. Wallisweaver hasn't made an entrance this morning. Either that or the Intel and MU price action has him in the fetal position with his electric blanket turned up to nine.
Intel permabulls like wallisweaver have adopted "May" and "Maybe" to go with their other two children "Wishing" and "Hoping." All four are now fifteen years old with no hope for them in sight.
"Past performance is no indication of future results."
Some have been saying that for the past fifteen years. When and why do you see those "future results" materializing?
So that would make Intel a winner? Or just the second biggest loser? As the little girl said when she observed the manure pile on Christmas morning: "There must be a pony in there somewhere."
So how does this help Intel if it gets a piece of the iPhone? Wallisweaver says it will be a big deal, but also says Intel dodged a bullet by staying out of mobile.
I think I get it now: Don't worry, be happy even if you "have most of [your] current holding in Intel's stock" and it has gone nowhere in fifteen years. Looks like a long-term leap . . .of faith.
"I have great respect for the company and don't worry too much about the stock price."
You don't worry too much about the stock price? So what is your purpose in investing in Intel? I always thought it was about making money. Am I missing some new investment paradigm?
I sense that AE fits the definition of a pest because he doesn't totally and completely buy into the permabull narrative that Intel can do no wrong.
So far this year, Intel is the worst performing stock on the DJIA, and has underperformed for fifteen years. The people who criticise AE are the same people who come home and kick the dog after a bad day at work.
IBM cut their job count in some slow-growing areas by 70,000, but added nearly that number in others. Is Intel just cutting dead wood, or are they also replacing these jobs in faster growing areas? A fairly important consideration.
The excitement over Intel's forecast, layoffs and promoting a bean-counter to head up sales, marketing and innovation is electrifying! Can the stock reach and hold $32--the same price achieved only twelve short years ago?
The street, at least so far, doesn't seem too excited about the promotion of a bean-counter to head up sales, marketing and innovation.