Replies to post #77504 on Intel Corp (INTC)

[Joey Smith]

re:the market seems to think that this is a lot more likely to blow up in Intel's face then put AMD out of business.

More likely, the market is finding this news to be a perfect excuse to take profits on Intel. If the market perceived this was very bad for Intel or something totally unexpected, the volume & % down would be a lot higher than it is today.
J

[imho]

Ritz,

AMD up 3%, Intel down 3%. Intel is already facing a host of anti-trust issues, the market seems to think that this is a lot more likely to blow up in Intel's face then put AMD out of business.

Well the market is never wrong, now is it? :)

Seriously, I doubt that there is a connection. Todays news is probably the main factor in buying and selling, but with such low volume, you can not argue that it has significance. Perhaps to AMD and its faithful, who have very little tangible reasons for being optimistic, this is another carrot that keeps them into the stock. For Intel, the stock movement is rather benign. It is interesting how this will play out and very important to both companies in the long run, but for now the market is just taking it in.

IMHO