Intel is not the Intel of 10 years ago
IDF has been getting worse over the years. I actually remember the first one when it was really technical and it was generally applauded. It was something that set Intel apart from AMD and showed industry leadership. Now they say they will be doing more focused events but I have been very disappointed with Intel's efforts in the first quarter. There were no events whatsoever to my knowledge. They left a huge vacuum of products until mid year and gave AMD a really good window to hype Ryzen as the only new thing, which they successfully did. And they don't really seem to be pushing back against AMD's bluster with Ryzen very much. Even old Francois Piednoel is pretty timid on twitter. Intel had a new Kabylake NUC lineup and not one site reviewed it. Optane was a big lead balloon and the hype for that product was definitely overpromising and SERIOUSLY under delivering. It looks strong for some niche markets, but how much growth will it drive? I predicted INTC would trade in a range and not go anywhere and it has. And right now I just don't think they have anything to drive growth. I was sort of watching to see if it slipped to 30 bucks where I could get back in. If there is any sort of shockwave and with Trump's unpredictability you can believe its possible, this market is going to deflate. And INTC will probably be first to go with a 17 PE. But I wouldn't buy now with Krzanich in charge. He is definitely worse than Barrett at this point, and he had the netburst albatross. Killing IDF, and significantly chopping funds for some of the marketing programs Intel does(that maybe what the IDF move is also), are signs things aren't great. They seem to have completely abandoned Andy Grove's constructive conflict culture.
