Bears are never happy, they are always "looking ahead." The quarter than just finished doesn't count, it never counts.
My question to them is, "When did you look ahead to this quarter? When did this quarter 'count' in your calculations?" They will always say as their excuse for selling, "Just wait, 'x' months from now, things will be worse, ASPs will collapse, GMs can't remain in the 60s." But they said the same things 6 months ago!
As Keynes said, In the long run, we are all dead. And Intel will disappear. So why buy it?
They make zero sense. And yet people sell on their recommendations, and other people pay them big bucks to repeat this stuff quarter after quarter. If someone can tell me why, I really would appreciate it, it gets kinda tiresome being befuddled by these things all the time. |
