Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (72144)	1/27/2023 8:34:41 AM
From: Spekulatius	2 Recommendations Recommended By JohnyP petal Respond to of 78958

I did a pair trade in December, selling 60% of INTC and buying TSM. Now If/When do I get those proceeds back into play? Will slowly build my INTC back to the 2% position. Interesting that INTC & IBM are now at the same weighting a 1% portfolio position. However, IBM +40% from my Buys in 10/2020. I would get back into INTC yet, it's just a gamble at this point. I think they may have to cut the dividend soon for once. INTC has two problems, they have fallen behind in technology and now need to catch up while at the same time demand has collapsed for their server and PC CPU's. So this is going to be a very tough turnaround. I would only invest if I see clear evidence that they succeed in their tech roadmap and so far, i don't see it yet. It's not like TSM (which I own) is standing still. besides just the manufacturing angle, (AMD uses TSMC) also seems to have an edge with their design. So really we INTC needs to fix two problems (Design ,manufacturing) and the demand needs to recover. How often go 3 things your way at once when investing?

To: E_K_S who wrote (72144)	1/27/2023 12:12:05 PM
From: Elroy	3 Recommendations Recommended By Lance Bredvold petal Spekulatius Read Replies (2) \| Respond to of 78958

New equipment & technologies can be updated. Expect 3-5 years for those upgrades. Yes, but the competitors are upgrading as well, so how does Intel catch up and surpass competitors? That is the question. We won't know whether Intel's efforts to recapture process technology leadership are successful for a few years. In that time, Intel will spend BILLIONS of dollars trying to catch up. Why bother with that risk (they spend all the money, and don't catch competitors)? QCOM is market share leader in cell phone basebands, is growing rapidly in new high growth semi spaces (auto, AI, etc.) and has no capital expenses because they outsource production to Intel's foundry competitors. QCOM is about 10x 2022 and 2023 EPS. Why buy Intel and pray rather than buy QCOM on the cheap and collect nice dividends while sales grow? Wouldn't touch Intel with a 10 foot poll tax.

To: E_K_S who wrote (72144)	1/27/2023 6:19:46 PM
From: Madharry	Read Replies (2) \| Respond to of 78958

intc I read the transcript of the conference call. it seemed very disjointed to me and evasive , but i am a luddite when it comes to their product. they seemed to offer no explanation as to why their margins are down so sharply and whether they will improve or decline going forward. I wonder if you read it and have the same or different opinion. I am re-entering TTI this is a small oil services company with a couple of interesting kickers, desalination and lithium. I dont think the kickers are reflected in the current price. this is speculative and please do your own due dilligence.