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To: neolib who wrote (45548)7/29/2022 3:32:56 PM
From: TGPTNDRRead Replies (1) | Respond to of 72259
 
neo,

Re: There is another concern I have: When companies wake up to a correction like this, they often try to take the pounding in one qtr, so the narrative is we are bottoming now, and growth is coming shortly. I think Intel is doing that a bit with hits they are taking on the SR ramp expenses, and how they are accounting for inventory held (there were some comments about that but I didn't follow exactly what they were doing, this is in regards to product that wasn't fully "qualified").> IMO K. P. already played that card back when he took over as captain. What I think your seeing is the "Going forward" of a sinking ship. K.P. seems, to be going for the big win & it looks to me like the future is not coming up roses.

Once the cat bounces I'll short some more.

-tgp