Dear Windsock. Re: Earnings of $1.6 billion last quarter is REAL money. Continuing to deliver a strong earnings performance will best support the value of Intel shares.
Intel is being attacked by short seller. On a day the NASDAQ rises 3.4% Intel posts a loss of .16%, with a volume of over 100 million shares. For several days INTC shares are losing value with unusual high volume. The hedge funds that were ordered to stop their shorting that damaged the Investment Banking industry, are free to turn their attention to the electronic sector. Intel management MUST defend their shares.
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