thanks. But with all due respect though, that sounds like sour grapes, to me. We still have:
1) A company which is seeing 3rd qtr sales increase 8-9% over the 2nd qtr.
2) Sales aided, I believe, by the release of Win98 on June 24th - full nurse effect throughout the 3rd qtr.
3) We are now heading into the Christmas stock-up months of Oct-Nov.
4) In Intel, we have a company which is seeing demand pickup in the healthiest regions of the entire world: N. America and Europe.
5) In Intel, we have a company which is maintaining gross margins of 50% - that has always been impressive.
6) That GM has actually increased in spite of the $1,000 PC (sans monitor).
7) Can you say Xeon? Those pups are expensive.
8) The market looks to the future, so it's fruitless to obsess over the prior quarters - what's done is done.
9) When "better than expected" announcements come out of a company, the sellers will scatter to the winds, and buyers who've held off will feel comfortable diving in now. Given the global economic uncertainty right now surrounding so many other companies, I would the buy-side is now going to be ravenous for INTC stock.
10) The shares will rise. That's all that I and my call options care about.
11) To INTC bears, I would repeat the words immortalized by Ian Fleming: "Say goodbye, Mr. Bond." |
