Forget Goldman, Intel's Strong 2Q Results More Important, Strategist Says

Intel is more important then any of the financials, as they are not being manipulated by the govt.

Im waiting for GEs results, theyve got their hands in everything and their results will give a good indication of the overall economy

I am disappointed at the recent call on GE. True, they are over exposed in their financial holdings, and possibly their debt, as well, but here you have a seasoned leader in the industrials which could realize its true potential in green revolution. They could be the #1 leader in Greentech and make a substantial contribution to getting the U.S. off its knees. Now if only they would get out of the financials and pay off that debt.

Oh, no! Johnny has gone tech...

Intel numbers won't be good. They can't manipulate the balance sheet like the big banks!

The first author said:

Intel beats large and the after-hours (amateur-hour) traders are trading it below close. Is that because of the one-time charges? I don't get it.

LOL exactly - those pesky "one time" losses that seem to show up EVERY quarter really aren't a true gauge of the underlying business! Apparantly Enron was just ahead of their time because now criminal accounting practices are widely accepted

Johhny Ike is still a moron - amazing consistency!

Should president Obama win the health-care bid, then all Americans' health health history will have to be documented and I think the entire hardware & software companies will be busy for some time to come.

The stock winners will come from the stimulus money, banks, the cap and trade bussiness, government medical insurance, green energy. The consumer industry can not pick up with consumers out of work.

Forget Goldman -- They had spare Billions laying around called "TARP" and dumped it in a beaten up $35 crude market creating a false run backed with enough cash to drag in the "the recession's over" lemmings. GS sold off leaving bag holders as they do every time. They profited and paid back the govt TARP resulting in a blowout profit report. Not hard to figure out.

people arent building stuff and people arent buying stuff. i dont need a new computer to figure that one out. how is it that the market expects the buying public to just start buying. we already did that thing with the credit cards and the mc manshions. and the new cars. lets get real. build it first then youl have the money to buy it.

Vinny is such an intellectual "pimp": Intel says it earned $1 billion, or 18 cents per share, in the second quarter, excluding the EU fine. Coomment: the Q2 2008 is 28 cents. The YoY is simply NOT acceptable. This is a terrible and terrible number in relation to its P/E ratio. The EPS is down almost 35% Sales fell 15 percent to $8.02 billion. Comment: This compares to 9.5 billion in Q2 2008, which represents a almost 15% drop YoY. Beating the dubious estimates is the corrupted Wall Street game. That game is no longer good. The rational investors, not speculators or gamblers, are screaming at INTL, is this all you can do? You want me to pay you a hefty 21.4 P/E? ********************** What a wimpy earning power!!! This earning season is set up to be a big disappoitment at 110 trailing P/E on S &P. Robert Schiller said the market is about fair valued on a 10 year E basis. BUT COULD go down a lot. I slightly disagree on the latter part. Market move is not based on the 10 year E. We all agree. On the way up, it was not based on the 10 year E; On the way down, it will not follow that either. You see, at 110 P/E, the market becomes its worst enemy. This is what we get from market manipulation--the market requires nothing less than a spectacular blow out Q2, in an order of 50% plus YoY earning increase. The almost-corrupted Wall Street "low earning estimates" game will not satisfy the market any longer. Beating estimate is no longer good enough. The market demands a rebost earning outlook, not just recovery, but a RAPID torrential growth. We will be screaming at each earning report:"show me the earnings!!" So, here is the expectation market has baked in: The last 4 sequential quarters are $7.57 (97% of all reported), -$23.25, $9.73, $12.86 repectively from the oldest to the newest. That results in about 8 trailinbg p/E. AS REPORTED EARNINGS estaimates (top down) for the next 3 quarters including the just started Q2 are $7.27 $6.42 $6.17 respectively. THis would result in about 27 EPS for the year 2009. That would put S&P at 405 as a fair value, 27*15=405. AT the current 880 level, Mr. market needs the 2009 EPS to be at 59, 880/15=58.67. So Mr. coporate America needs to show they can fill the gap between 27 and 59, i.e. 22 (59-27=22) SO, this means on average, each quarter from now on must have a $7 increase on its correponding estimate, i.e. $14.27, $13.42, $13.17 respectively. The corresponding previous year quarterly earnings are $12.86, $9.73,-$23.25. This traslates to YoY quarterly increases of 11% (14.27/12.86), 38% (13.42/9.73) and N/A or a flat QoQ (13.42 Vs. 13.17) repectively. To be more specific, We will be screaming at each earning report:" NOT only do you need to give me a 10% increase now, but also you need to project a 38% YoY increase next quarter and keep the momentum up to the Q4!!"

Vinny is such an intellectual "pimp". Aaron, where did you find this type of inferior human beings??? ********** Intel says it earned $1 billion, or 18 cents per share, in the second quarter, excluding the EU fine. Comment: the Q2 2008 is 28 cents. The YoY is simply NOT acceptable. This is a terrible and terrible number in relation to its P/E ratio. The EPS is down almost 35% Sales fell 15 percent to $8.02 billion. Comment: This compares to 9.5 billion in Q2 2008, which represents a almost 15% drop YoY. *************** Beating the dubious estimates is the corrupted Wall Street game. That game is no longer good. The rational investors, not speculators or gamblers, are screaming at INTL, is this all you can do? You want me to pay you a hefty 21.4 P/E? ********************** What a wimpy earning power!!! This earning season is set up to be a big disappoitment at 110 trailing P/E on S &P. Robert Schiller said the market is about fair valued on a 10 year E basis. BUT COULD go down a lot. I slightly disagree on the latter part. Market move is not based on the 10 year E. We all agree. On the way up, it was not based on the 10 year E; On the way down, it will not follow that either. You see, at 110 P/E, the market becomes its worst enemy. This is what we get from market manipulation--the market requires nothing less than a spectacular blow out Q2, in an order of 50% plus YoY earning increase. The almost-corrupted Wall Street "low earning estimates" game will not satisfy the market any longer. Beating estimate is no longer good enough. The market demands a rebost earning outlook, not just recovery, but a RAPID torrential growth. We will be screaming at each earning report:"show me the earnings!!" So, here is the expectation market has baked in: The last 4 sequential quarters are $7.57 (97% of all reported), -$23.25, $9.73, $12.86 repectively from the oldest to the newest. That results in about 8 trailinbg p/E. AS REPORTED EARNINGS estaimates (top down) for the next 3 quarters including the just started Q2 are $7.27 $6.42 $6.17 respectively. THis would result in about 27 EPS for the year 2009. That would put S&P at 405 as a fair value, 27*15=405. AT the current 880 level, Mr. market needs the 2009 EPS to be at 59, 880/15=58.67. So Mr. coporate America needs to show they can fill the gap between 27 and 59, i.e. 22 (59-27=22) SO, this means on average, each quarter from now on must have a $7 increase on its correponding estimate, i.e. $14.27, $13.42, $13.17 respectively. The corresponding previous year quarterly earnings are $12.86, $9.73,-$23.25. This traslates to YoY quarterly increases of 11% (14.27/12.86), 38% (13.42/9.73) and N/A or a flat QoQ (13.42 Vs. 13.17) repectively. To be more specific, We will be screaming at each earning report:" NOT only do you need to give me a 10% increase now, but also you need to project a 38% YoY increase next quarter and keep the momentum up to the Q4!!"

I like the chip equipment stocks over INTC; AMAT & KLAC.

They are in effect a monopoly and in a recession they can just put up their prices to cover loss of sales. Don't be fooled businesses with competitors cannot do this and so this is not a sign of recovery IMHO.

Yes, operating income...a way of showing how well the company would have done if hadn't done as bad as it did.

The markets are not shaking off all these goofball predictions. The markets aren't selling off trillions in useless assets and junk. The markets are holding off world wide economic calamity. Cool or what? When the markets crash, and markets do crash, some will have tears and others will say, "I told you so." GAWD! What a mess? Later Gang...

Yep, that is what I want...my healthcare records on file in India. Did you know a company in India threatened to release the healthcare records of individuals in this country because they had a disagreement with a Radiology Firm here in this country? That is a fact. My wife is CEO of a Radiology Firm and it was a well kept secret that some firms were shifting their records to overseas just to save a buck. I told her if she did that with her company I would divorce her.