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Intel (INTC -2.7%) remains lower following its Q3 report, which was accompanied by soft guidance...

Intel (INTC -2.7%) remains lower following its Q3 report, which was accompanied by soft guidance and cautious earnings call remarks (I, II) about demand and inventories. Dell (DELL -1.6%) and Nvidia (NVDA -1.7%) are off, but most other PC industry names are near breakeven. There's plenty of downbeat sell-side commentary: Goldman predicts margins will fall further in 1H13, and Nomura thinks Intel's declining cash balance (now at $3.4B) will limit stock buybacks. Bulls are predicting Windows 8, for which expectations have fallen considerably, will provide a lift.
Comments (1)
  • Sal Marvasti
    , contributor
    Comments (1364) | Send Message
     
    There it starts again. Barely 2 weeks passed. My predicted lag in analyst downgrades. Where are seekingalpha people who were saying buy now last week? I told you just wait, every two weeks from now on, some analyst will wake up from slumber and downgrade or downtalk intel. If you are smart only buy when the last downgrade happens.
    18 Oct 2012, 10:19 AM Reply Like
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