Intel Corp (INTC)

[Sarmad]

Maui,

>> Do you see a scenerio where AMD goes down lot more from current level and Intel doesn't increase their EPS significantly from a weak AMD?

Sounds like an ingenious plan. Either way you come out ahead. Personally I wouldn't have the patience to hold that many shares of AMD to '010. So I wouldn't do it. But I think the numbers do work out like you stated.

edit. I see there were other responses. None addressed the question, which is demise of AMD will drive INTC up so much that losing $4/sh is just a minor cost. And if AMD survives, then $7.50 is a very likely share price.

Anyway, I still wouldn't do it. There is plenty of incremental profit available to be made in selling INTC shares when they spike and buying when they retreat.