Absolutely correct
Bernie,
You speak the absoulute truth when mentioning that Intel may perhaps be the next worldwide brand. As investors, we must realize the huge huge impact the Intel Inside logo carries on PCs. When my mother or father or sister or whomever it may be go out to buy a PC, sure they may select a non-IBM system, such as Dell, or AST, or Gateway (via the phone in this case). However, the Intel Inside becomes a huge selling feature to them. Salesmen use this as a highlighted feature, the Intel chip. This is why PC makers are buying all the Intel chips they can and this is why Intel is having blowout Quarters. Its the simple demand of Intel as a name. PC makers will score and sell more systems if they have Intel inside, NOT AMD or CYRX. When Intel sells off on Friday like it did, it just represents more buying dips on opportunities along the way. There is no reason to ever sell Intel at a loss on a new sprung position. I like this stock, but then again who doesnt.
Upside to come and continue, Mills. |