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Kirk Lindstrom
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Kirk Lindstrom has an engineering degree from the University of California, Berkeley. Following 20 years of research and development as a scientist and engineer at Hewlett Packard, Kirk turned his attention to investments where he edits "Kirk Lindstrom's Investment Letter," that... More
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  • Jim Cramer Is Bearish On Intel And Why I Bought INTC 4 comments
    Dec 6, 2012 7:47 PM | about stocks: INTC, AAPL

    on Now and then I like to watch Jim Cramer's "Mad Money" show on CNBC to see what direction the wind is blowing. That is, I think Cramer has a very entertaining show, especially if you like shouting and nobody taking the other side of his arguments, but it seems he echoes what is "group think" that tells you "why" a stock is up or down, but does very little for making good, long-term decisions. Sponsors who sell trading strategies love his show as it is easy to sell stocks and advice for stocks that are moving.

    Read the rest of my article at Jim Cramer is Bearish Intel and Why I Bought INTC

    Was yesterday the last chance to buy Intel under $20?

    I didn't mention in in my Seeking Alpha article yesterday, Why Intel is a Great Buy (while at $19.75), but I think Intel will probably build chips for Apple (AAPL) in the near future. By the time that is public knowledge (ie Intel chips showing up in tear-downs of Apple products) the stock will probably be $30 and then Cramer will change his tune.

    More articles by Kirk Lindstrom at

    Disclosure: I am long INTC.

    Themes: Jim Cramer Stocks: INTC, AAPL
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  •  
    When Jim said Intel should have bough ARM when ARM was cheap really showed his ignorance. Intel at that time was in to position politically to buy anything and certainly not ARM Holdings. Antitrust would have been written all over it.
    6 Dec 2012, 07:32 PM Reply Like
  •  
    That is a REALLY good point! Thanks for posting it.
    6 Dec 2012, 07:45 PM Reply Like
  •  
    Also, Intel doesn't need ARM to take significant parts of the mobile market share. Not one bit.
    6 Dec 2012, 11:00 PM Reply Like
  •  
    Hypothetically, Intel could have bought ARM to remove it from the market.
    6 Dec 2012, 11:28 PM Reply Like
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