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chipguy

04/08/09 10:01 AM

#78948 RE: savantu #78947

Why buy at $15 when after the earnings CC Intel will fall back to $12-13 ? Q1 will be a mess.

I don't think Intel's Q1 will be as bad as many expect.

That being said INTC tends to go down after earnings
release no matter how good the news is.
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Sarmad

04/08/09 10:12 AM

#78949 RE: savantu #78947

>> Why buy at $15 when after the earnings CC Intel will fall back to $12-13 ? Q1 will be a mess.

Did you see the market reaction to Alcoa ? Lost half a billion. Came in under estimates. Stock went up. My trade was successful. (bot AA at $7.70 two days ago. Sold today @ ~$8.15).

Anyway, my INTC trades are not a long term hold. For reasons that everyone here is tired of reading about, I don't see that Intel management is working for the interest of non-insider, non-employee shareholders. If outsiders like me get a benefit, it will be incidental, and un-intended. But I will be grateful, all the same.