This sounds like a thread I would have started. I used to trade only techs. Intel, AMAT, BRCM, APPL. I dont even look at Intel anymore. I'm shifting twords gold, steel, metal stocks, like GLG, TIE, TS, CCJ to name a few. - Nathan
Loaded up bigtime at 17.10 late today. Lets see what happens tomorrow. I think we go higher from here.
Loaded up bigtime at 17.10 late today. Lets see what happens tomorrow. I think we go higher from here.
Chips Sink on Intel-AMD Feud Monday June 12, 4:10 pm ET Semiconductor Stocks Sink on Worries About Intel-AMD Price War for Market Share NEW YORK (AP) -- Chip stocks slipped in Monday afternoon trading as fears of a price war between Intel Corp. and Advanced Micro Devices Inc. continued to drag the sector down. Analysts have mixed opinions whether Intel or AMD will come out the clear victor, but investors aren't particularly enchanted with either stock. Advanced Micro Devices Inc. closed down $1.07, or 4 percent, at $25.68 on the New York Stock Exchange, and the stock is down over 14 percent since last Monday's opening price of $30.05. The stock fall follows Merrill Lynch analyst Joe Osha's call on Friday, when he cut his second-quarter, 2006 and 2007 estimates for AMD. Osha predicted it could be a "much tougher fight" for AMD to win market share in the desktop semiconductor space. "Taken together with Intel's own plans, we think that the level of risk to AMD's earnings estimates is increasing," Osha wrote in a note. Intel shares, didn't take quite as steep of a fall in Monday trading. The closed down 30 cents at $16.94, but earlier in the session the stock hit yet another 52-week low of $16.75, for the third time in a week. Investors may be bearish on Intel, but First Albany analyst Auguste Richard upgraded the stock to "Buy" from "Neutral" on Monday and seemed to imply that the company could hit bottom soon. "We believe that second quarter 2006 will mark the trough for Intel, as the company flushes channel inventory by announcing a significant price cut in July," Richard wrote in a note. "In addition, we think the company's new products will enable it to regain lost market share." National Semiconductor Corp. got caught in the crossfire. Shares of National Semiconductor, which have traded between $20.65 and $30.93 over the last year, closed down $1.09 cents, or over 4 percent, at $23.40 on the New York Stock Exchange.
Do you guys think Intel's new line of chips coming out on the 26th will boost intc's stock price? or keep falling? - nathan
They are not going to sit there and let AMD roll over them. However, the concern for both chip companies is that the coming price war will cut into margins.
What, no INTC posts today? LMAO too funny. INTC + 4%. CLICK - FLASH. INTC posing again for another picture. CLICK - FLASH. INTC giving us a side pose now. CLICK...FLASH. nitro
What? No posts on INTC today? Too friggin funny INTC + 2.20% - CLICK FLASH INTC poses to the left and quickly to the right - CLICK FLASHH.....CLICK FLASHHHH.... nitro