Intel Corp (INTC)

[facsnotfiction]

AMD's bad news not Intel's good news
The reason AMD warned is because of teh Flash Side of the business, which makes up over 40% of AMD's revenue. Don't forget it's not just AMD and Intel in the Flash Business. Samsung is also a major player. Two many large players drives down price. Intel on the other hand does not rely so heavily on Flash. AMD is still gaining on the CPU side simply because they offer a better product with A64/Opteron. CPU is where Intel makes thir profits so AMD's bad news in Flash is not good news for Intel. I see AMD dropping to the low teens, maybe the $11-$12 range. Intel is likely to trade sideways to down for the next six months since we are now past the best part of the year for Semi's. I wouldn't be buying any semi stocks right now.