Hi Mad,
At this stage of the decline I'm being hopeful.
That being said their R&D has to be good for some future designs.
I like Gelsinger and the chip act and reshoring is on their side.
I'm thinking it is a lot like the crude E&P's.
You just have to know that the world will need more and better CPU's, GPU's, and APU's, plus with AI!
Intel has a huge piece of that and the know how on how to build it.
AMD has to pay TSMC to make it, that is part of the gross.
Intc solely is the competitor who can make, sell and enjoy that entire margin - price competition makes Intc the winner in the end.
It's a bit more than hope, I like their business model better.
It does require hope, in that they do execute in the future.
Hopefully I'm going to sell puts tomorrow morning on Intc's 21, 22.50 and If that raises some crazy money use tat premium to buy 25's via selling puts and getting assigned.
The net purchase price has to yield 6.5% plus if assigned, so watching that action.
I sold Intel puts at 20.00 for years way back and they paid no dividend. Put Premiums are big on bad news!
I'll go slow and average down, just like I did XOM and CVX.
It took several years, but I did get paid a nice dividend to wait.
No doubt I am HOPING to do a repeat on INTC over the long term.
If we get good fear - there may well be good premium.
Let's talk tomorrow at the open or later.
Bob |
