Intel Corp (INTC)

[Elmer Phud]

usuck -

I didn't get the REV right, but there is a real GM problem now. I'm sure it's just more dumb luck I've been screaming about margins too!!! REV miss will come, be patient!

What's the problem here? Sure the economy sucks. Sure techs are a disaster. Nobody's buying hardware yet still Intel makes money while their competition is doing the slow spiral down the porcelin bowl. I don't believe anybody is going to make money on INTC in the short term but you won't find any other company this far ahead of it's peers (actually it has no peers) and this well positioned to take advantage of the eventual recovery. You just sound foolish rehashing what we already know. Yes thinks suck. We know that. Thanks for stating the obvious. Buy low and sell high... This is when smart people buy and this is when you trash a company. I'm starting to buy this market. I doubt if I'll pick the exact bottom but I'm willing to start picking up good companies here. I'm writing PUTs on QQQs and I'll take a fully invested position below $20. I'll also buy Intel around $12 so I'm looking forward to seeing more weakness. If you're so sure Intel is going further down then short this sucker or buy my PUTs. Put(no pun intended) your money where your mouth is.

EP