Intel earnings after the bell, not a big deal as everyone thinks.

[Nine_Ender]

Quote from ASusilovic:

Undoubtedly, I have to agree on the tremendous growth rates in China and India...and elsewhere in Asia. But : how much revenue is Intel generating in Asia compared to Europe and US ?

Intel CEO: Soft consumer market in U.S., W. Europe...

Intel CFO: Seeing slower growth in consumer....

Intel's not really a growth company per say, and I don't follow it closely
to truly make a decisive call on the firm. The point would be in today's economy, if we are to believe what we read from some on here, Intel's revenues and margins should be plummeting, and clearly they are not.

There seems to be numerous cash rich technology firms with limited growth. How they use that cash is both an opportunity and a headache for them in today's economy.

 

[noob_trad3r]

Wow intel is going down in flames. WHY? the whole markets are up.

 

[shortie]

Quote from KINGOFSHORTS:

I have this odd feeling that INTC is going to fall like a rock wed.

Not sure why, but its a gut feeling.

did you edit your post? i think i remember somebody said 19 and i think it was you

19.26 now and the day is not over yet

 

[hajimow]

Quote from hajimow:

I have no position on INTC so I believe "Maybe" I will be honest in my opinion.

I believe INTC result was not good. Next Q will be flat compared to this Q. Cost will go up and that will decrease the margin (true for all tech stocks now).
3.2B R&D will put a damp on next Q and next year EPS.
Big fund managers will sell their position tomorrow to buy it later (maybe) in a down day later. INTC will be a dead money for 3 months.
My prediction is that INTC will close $19 on Friday.

I am close to be right on INTC. Now is the time to short TXN. It has huge rooms to go down specially after Linear tech "LLTC" had a soft quarter and predicted a softer next Q.

 

[shortie]

Quote from hajimow:

I am close to be right on INTC. Now is the time to short TXN. It has huge rooms to go down specially after Linear tech "LLTC" had a soft quarter and predicted a softer next Q.

sorry haji, i see that 19 was your number. nice call!

pretty amazing how it is dropping while the market is steamrolling ahead.

 

[hajimow]

Quote from shortie:

sorry haji, i see that 19 was your number. nice call!

pretty amazing how it is dropping while the market is steamrolling ahead.

INTC and CSCO are punch bags for big guys. They don't park their money in TXN and CSCO. Where can INTC go? $22? 10% profit? Noone wants it. They want excitement. INTC will be dead money for 3 months. It will hit $17.5 in 3 months. Check out TXN. It will fall and fall hard. Buy it at $24 or below in 3 weeks.

 

[Petsamo]

INTC will likely gap down Thursday morning. If it does, any buyers? At what price will you buy?

 

[KINGOFSHORTS]

Techstocks like DELL,INTC,CSCO and MSFT etc.. are poor values for the long term shareholder.

Take a look at how big Goodwill is on the balance sheet (they love overpaying for acquisitions due to CEO egotrips) , and how often they print shares and then announce "Buybacks" using cash from earnings to repurchase shares they just printed.

 

[Petsamo]

INTC support is holding, but so far we only have a fake sell off.