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Re: Joey Smith post# 41357

Friday, 04/20/2007 5:09:11 PM

Friday, April 20, 2007 5:09:11 PM

Post# of 151706
Re: Intel closed above $22 today on strong volume. Looks like the stock has some room to run. Congrats to Intel longs!

I think it took some utterly horrendous results from AMD, 2 quarters in a row, before investors started realizing that Intel is not at the mercy of Opteron. It may be smooth sailing from here. I also expect a boost in Q3 when people realize that Intel's margins in the second half are actually going to hit their targets.
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