Intel Corp (INTC)

[jhalada]

chipguy,

So either

1) you don't believe NGMA is huge a step forward
for Intel and a major setback for AMD in its bread
and butter desktop segment.

or

2) you have a brain pan sizzling case of cognitive
dissonance.

Which is it?

3) A trade. Bought on a dip, sold calls expiring on Friday. If I am right, I will not have the position on Monday morning.

BTW, I agree that NGA is a huge step forward for Intel from the position Intel found itself, but its near term impact is dwarfed by the impact (on both Intel and AMD) of Intel price cuts. That's where the action is for now, that's what will impact financial statement for current quarter and the next quarter.

INTC + AMD revenue is shrinking. AMD + INTC market cap is, and will continue to shrink. AMD + INTC profits are shrinking. That's what is relevant for now.

It reminds me of Linda Fiorentino (in the Last Seduction) making her passenger unbuckle the seat belt (among other things) and then crashing their car into the tree. Intel hopes to be able to walk away, but that is not exactly guaranteed, and there may be a plenty of bruises and broken ribs along the way.

I am mostly on the sidelines watching the spectacle, you are another passenger.

Joe