One thing about being an INTC is that you are given an incredible number of "get out of jail free" cards. By my reckoning that pile is getting close to being exhausted, as INTC has gone into hyper speed, using them up at an accelerating rate lately.
What's INTC going to do this quarter without all the reporting gimmicks of q3. I've said it before; a corporation can do a lot of things to the financials in one quarter, but perpetuating those things gets ever more complicated as time goes on, something Enron found out. Eventually the smell is coming off the rose and my guess is this quarter will see the last of the attar.
INTC isn't going to self-destruct this quarter, but there are hair-line cracks showing up in the f16's turbines that will only get worse with time.
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