Unfortunately it's not what we think. I am surprised that there was so much focus on the margins and no one wanted to know what the eps would be! Given higher sales which they said would offset the lower margins - the eps could in fact be higher - lower or the same - but no one was interested.
Certainly this could be a most important low in INTC. I am faced with a new problem, I still have some INTC Jul 25 puts I have written [I own the stock]. While I closed most and moved to Aug, I still have over 100.
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