Jules,
JMHO, I think if you are patient (and I know you are), Intel will start a move up very soon, maybe next week if the overall market co-operates.
I agree with Fred and I'm as upbeat on Intel as I have ever been. Not only are they maintaining their technology pipeline, but they also seem to be watching their costs, cutting fat, running a "tighter ship". I didn't see this last year, when they dramatically increased headcount on flat revenues.
Just as someone pointed out, Intel has outperformed a down tech market, I think there are some trading games being played *right now*, but I believe it will continue to outperform the market from Monday forward.
Good luck,
John
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