Intel Corp (INTC)

[wbmw]

Chipguy, Re: Holy sheep dip, its hard pleasing some people. GMs in
the 62% range is about as good as Intel has ever done,
historically speaking. I'd only be concerned if they fell
below 50%.

So would everyone else, and this would take the stock price back to sub-$15. Keep in mind that the current stock price builds in Intel's previous guidance. If they lower this guidance, then the stock will fall, even if 60-62% is still damned good. I recommend holding if the GMs hold, but I did not say that I would sell if they go below 60%. I would simply not recommend anything at all, and leave it for people to decide for themselves.