Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What more might we know after tomorrow, or next week, or next month for that matter?
Bought back my JUL option straddle on INTC. Made .42 on the put side and .32 on the call side for .75/share profit for holding the options for around 30 days. The way the stock is behaving I like the risk/reward on this play and am looking to open another position next week in the 15 to 18 range if I can get the right price.
The trouble is that while there is a lot of software engineering talent running around the halls of Intel, making the culture shift to producing enterprise software solutions (not just drivers) is still huge. It's probably easier to 'buy' that culture from an existing company than try to grow it yourself, not really sure there.
If inroads are to be made into application software, I would rather see more be done in the digital health area (vs. CRM). In the health care space Intel has an opportunity to combine software efforts with purpose built products (silicon) for the health care world. Getting more involved here might also align Intel more with new world political initiatives and make them look more like the 'good guy' in all this.
Good point...I agree that the vendor of the winning OS (i.e. the OS that comes pre-installed by customer request) should NOT be required by anyone to provide shortcuts to another companies products. Of course the companies involved might reach some agreement to do this if it were mutually beneficial to both, but that's a whole lot different than be required by law to do it.
What would be wrong with having a number of shortcuts on the desktop that would bring down the browser of your choice?
yep, trying to sell $18 JUL calls as we speak.
if we are fairly certain that $15 is cheap now, then selling $14 puts is like printing money for yourself. I for one, am at the printing press.
I'm looking to sell more JUL 14 puts as the current price stock price gets closer $15. INTC has remained stuck just around dead center of my straddle. I couldn't ask for anything better but July seems like a long way away.
OT: new GM management team.
Had to post an email I got from my Dad with his thoughts on investing in GM. He's 81 and has been around a bit. He says:
I have been following the news this morning about General Motors and it appears that this will be a terrific investment. After the dust has cleared away GM will be managed by the dream team of the federal govt. (50%) and the union (UAW 40%). One only has to look at the track record of management for service and profitability of these two to see what a terrific team this will be. Look what a remarkable job the govt. has done with Medicare, the Post Office and Amtrac. What outstanding performances these entities have given us. Then look at what unions have contributed to the country. They certainly did wonders for the automotive industry and our schools and many others. Who in the world would ever want to invest in non union companies? Non union companies like Intel, Microsoft and Wal-Mart are certainly examples of companies on the verge of extinction because of their failure to unionize. Better jump on GM before it gets gobbled up.
One final note better put the Buick up on blocks and save it, because some day you will be able to point to it and say does anybody remember who made Buicks? It will be worth a lot of money.
OT: hilarious twitter youtube video, sorry but I had to share it:
I'm curious as to what kind of precedent there is for intel keeping prices fixed? Have they done it often? And have they ever kept prices fixed for more than one price change cadence? Not really asking for any research here (unless someone has it), but just anecdotally, what if they kept prices unchanged through the end of the year? Would that be unprecedented or has that happened before.
Come on, 'its true low point', what is that supposed to mean? So the low point where you had your buy order in (single digits IIRC), is INTC's 'true low point'? Anything other than that is the market just not getting it right?
Increasingly sw engineers are being required to subject their source to products like Klocwork to detect security vulnerabilities as part of the build process. This is coming down as a 'corporate imperative' much like Sarbanes-Oxley did in the finance world. Will it eliminate existing vulnerabilites? No, but it will it help reduce the introduction of new ones.
xhttp://www.klocwork.com/products/insightDefects.asp
watch for the upgrades to come shortly after the fine is announced and absorbed by the market. market makers are manipulating the stock down now in order to get a solid down draft next week, so they can upgrade (and buy first of course) at around $14+
the calls are indeed covered. both contracts are for a fraction of my long position and the strategy is designed to generate some income while we tread water until Q3-Q4.
Sold JUL 14 put contracts and got .62 cents. I now have written JUL 14 puts and JUL 17 calls with the expectation that they both expire worthless.
I didn't think you are the owner of record until after the settlement date.
Wrote covered call contracts for Jul with a strike of 17 got .72 cents. I don't think we'll get another $1 out of INTC by July, but I hope I'm wrong.
chipguy does not suffer fools gladly, however if you pay attention you might learn something.
added a small block of INTC last night after hours at 15.25 since I liked what I heard in the Q1 report. I plan on buying additional blocks of INTC in the 13-15 range over the next few months. I disagree with anyone that thinks a limit order between 10-12 will go off this year (unless the end of the world comes==Dow@4500).
Yes, a good pounding of the bridge with his shoe might have done the trick.
let's forget about the technical aspects of semiconductor manufacturing and focus on the stock for a moment... Do you think headlines like the one you mentioned are written to inform knowledgeable stock traders about whether to buy or sell the stock today? Is there something in that headline that you didn't know about 4 months ago?
"Intel Profit Falls 55% as PC Makers Trim Orders in Recession; Shares Drop Intel Corp., the world’s biggest chipmaker, said first-quarter profit fell 55 percent because of slowing computer demand and signaled sales won’t recover in the current period. The shares dropped in extended trading."
Some of us can do more than just imagine it, we lived it. However if we rewind just 15 months or so, INTC was approaching $30/share we were fat and happy and looking at a nice nest egg. After a 50% haircut from those levels it's easy now to call me a fool, but would a diversified portfolio have done much better? Should I sold in all my INTC in December of 2007? Sure, but who knew the end of the world was coming, and if someone did know, who was listening in Dec 2007?
It has been made clear on this board that the Abu Dhabis are not interested in making any money. In fact they hate money. The only reason they entered this agreement with AMD is to get rid of any remaining money they have as fast as possible. Which it appears they will do, as has also been made clear on this board.
re: because employees reach directly into our pocket and steal value from our shares
As a shareholder I WANT the employees to reach into my pocket to take (vs. your term of steal) some value for themselves. Because it is through this process that I as a shareholder extract the IP and sweat equity that makes my company prosper. It is just a different form of carrot. It could be pure wages or wages plus options or just options I suppose. It doesn't seem that hard to understand that the total package needs to competitive so as to keep the best talent from leaving and not just from leaving but also to motivate them to pour themselves out for the cause. And believe me I see a lot of people pouring themselves out.
Perhaps this thread about how to re-price the options is much more involved and I should therefore read the entire thread to get the details of the argument. I'll bough out of this one.
This notion of the AbuDhabians adopting a scorched earth policy wrt to the mPU business is a classic 'hand wave' IMO. From all the posts on this I have yet to see any substance to it. Does the poster of this idea have some insider info from the AbuDahbian business community? Or some particular insight into the Arab psyche that would allow the rest of us to also come to these conclusions? I think not.
What might the ramifications be of this SK decision on the issue that is before the EU wrt Intel? Anyone hazard a guess?
RobertG, care to share your list of some of these stocks?
elmer that was my post that started that. I will refrain from too many off topic posts.
Has anyone seen any analysis on how much money would be added to the US balance sheet if we were to completely eliminate ALL US involvement in Iraq and/or Afghanistan? I just recall hearing about the billions per year that we were spending over there but perhaps that number is down significantly now, not sure. We don't seem to hear much talk about taking a more isolationist stance in the world in light of economic circumstances at home. Obviously there are political and national defense considerations, but I would think there would be more proponents of such a move to help offset some of the spending (banks, aig, stimulus, auto bailouts etc.). To draw an analogy to the American family, the first thing most of us are doing is curtailing all extraneous shopping and spending and trying to look out for our immediate needs at home and paying our bills. Why aren't we hearing about the government doing the same thing? This is an area where I am not at all satisfied with Republican leadership both currently and in the previous administration. Republicans should have stepped up right away to that circumstances may be forcing us to abandon some of our commitments in the 'war on terrorism'. Things change right? It's not a sign of weakness to admit that things change and we have to react to protect our economy at home.
what's the ticker symbol for 'Checking account'? I'd like to buy a long position at tomorrow's open. :->
re: It was a cold, smug, and thoughtless suggestion from a wealthy Aristocrat.
Yes, I understood the historical reference, that's why I said it TIC, to illustrate the error in your view that liberals hold a monopoly on compassion and all conservatives are only out for themselves. You equate the resistance to sending more tax money to Washington with a desire to hoard it all to one's self.
Note: I don't think you were using this historical account to wish me ill will, but perhaps you were. If my views aren't welcome here you only need to ask me to leave once.
You forgot to mention Larry's 'panic rally' scenario. You don't want to be left at the train station when that panic rally arrives.
I guess I needed to qualified it with 'everyone else that has a paycheck'. If that leaves out you or some one you know then
my apologies for sounding cavalier.
Having said that, I have to add that while losing one's job can be a difficult and sometimes traumatic experience it isn't the end of the world. No one is born with the right to have a job, you have to work to get one. In the age excess (and full employment) everyone had a job and could move around with some fluidity for the best pay. During an economic meltdown the weak enterprises fall and resources (people) are displaced. Some of these people will start their own enterprise, some will go back to school to study what they really want, some will hunker down, live small and study poetry. Still others will whine about how the government 'screwed me up' and owes me a job and needs to do something about it (i.e. take some money from that fat cat over there and give some of it to me). While being out of work is not pleasant during the re-balancing period, those that desire to work WILL find gainful employment as knew opportunities emerge as long as the free-market not stifled. When has the economy NOT moved back toward full employment following even a severe recession during the past 50 years?
OT-E: I'd rather see me, you and everyone else have that money stay in their paycheck for each of us to use as we sit fit rather than Washington deciding for us. Having said that, I remain hopeful that some of this spending will accelerate economic activity across the country. What say the rest of the board? Does wbmw's list of stimulus expenditures inspire confidence? Is this the list of things that you would choose to spend your tax dollars on?
$26.66B in Infrastructure spending per state
$8.4B in Public Transit spending per state
$155M to build new health centers
$16B from HUD to weatherize homes
Link to $10.1B in other HUD ARRA funded programs
Note: I don't know anything about any proposed rail line from Disneyland to Vegas, sorry.
OT-Economic and Political: In light current economic conditions and the government's response to it, I recommend giving this interview with one of America's greatest thinkers a good listen. It was well worth the time for me to help focus on our governments motivations for doing some of things they are doing.
On an otherwise gloomy day for stocks, I thought I would post this...
http://finance.yahoo.com/news/Bear-Fund-Manager-Making-Big-indie-14552661.html
at least one prominent bear is feeling suddenly bullish....
Leuthold was making a major move into home improvement retailers Lowes (NYSE: LOW - News), where he was adding a new stake, and Home Depot (NYSE: HD - News) where he was adding to an existing stake.
The firm was also adding to stakes in tech blue chips Intel (Nasdaq: INTC - News), Hewlett-Packard (NYSE: HPQ - News), and Oracle (Nasdaq: ORCL - News), while trimming stakes in big biotechs Celgene (Nasdaq: CELG - News), Genentech (NYSE: DNA - News), and Gilead Sciences (Nasdaq: GILD - News).
I can just see it now:
AMD Buyer: We're going to need some quantity discounts to real be able to move these Atom's wrapped by our GFx chipset.
Intel Sales Rep: We can do that. We can give you a great discount on 1000 unit trays if you can reach X sales goal per quarter.
AMD Buyer: Great lets get this deal done.
AMD Attorney (sitting in on the meeting): Oh and we're going to sue you for offering us that discount.
Where can I buy treasuries with a 4% yield?