""Paul Engel and all the investors who are long on INTC.""
In Italian there is a saying, "When it rains, it always rains on the
wet!!"" In case of INTC, this comapny has had a chain of bad luck,
one after another for almost a year!! We have diappointing results
quarter after quarter, then we have 1000 dollar PC's where the chip
represents 160 dollar of the total cost, which as the earnings is concerned, means a very poor earning for INTC, comapring to average
300 to 400 dollar per chip in 2000 dollars PC's! Then we have Merced
that is now delayed to mid-2000!! Then there is the Fed's case against INTC, which is not really holding anywater, but is not helping! I have stuck to my INTC shares through all these series of
crisis!
I am interested to know if anyone posting on this thread, in his right mind thinks this great company will get its act together and will be a performer again! perform, in near future(for me near future could
mean a year to two years!) Or maybe it is time to sell INTC, take profit and look for greener pastures??
Pls. note what we all need is logical and well informed response
and not wishfull thinking!
Kind regards,
Yaacov |
