Jim, Great example of the type of Xmas lies I've been talking about and how scam-a-rama cos. sucker in the truly stupid. Glad you put a <G> behind their flapdoodle to let us know you didn't believe this garbage.
The best lies always have a grain of truth in them. What Intel's headlines should say is, "Giant monopoly to report a down year! Suckers buying the stock, anyway. Some mathematically challenged maroons think down earnings equal a 30 times pe ratio."
Intel manipulated the great unwashed fairly cleverly this time. First, they issued a report that they expected the 4th quarter, their seasonally best, every year, to be flat with 3rd quarter. I hope even the suckers who buy the stock knew better than to fall for that one. Now, they can cover up the disastrous year by saying that, miracle of miracles, there will be a Xmas this year. <G> Admittedly, this sort of reasoning can only work with investors who are at Larva stage of development, but there must be plenty of them.
I wonder if the people who fell for this story would fall for, "I have a dollar. Oh, no, I only have a dime. Surprise, surprise, my net worth went up because I have a quarter." Of course they would.
Thanks,
MB |
