DislikedI didn't think their earnings disappointed at all:
- They had their highest quarter of EPS/Net Income ever
- They had their highest revenue quarter ever
- Their gross margins were much higher than anticipated
- And they raised their guidance (for revenue, EPS, and margins) higher than the street was predicting on a going forward basis.
Don't get me wrong, their stock could go down (maybe a lot), but I think a bet on INTC going down is basically just a bet on the general market going down....
Ignored
My take on this is the line I've drawn at about 22 - to me its a line of resistance from way back in 2006 and its just re-tested it.