Stocks Fall - Intel fails to set marks
Can someone explain why the stock market would drop based on a drop in Intel's price due to the fact that Intel did not meet the expectations of some idiot analyst who has nothing to do with the company and simply sets a random number on them and then criticizes them for not meeting his expectations?
http://money.cnn.com/2006/01/18/mark...ex.htm?cnn=yes
Didn't Intel just make a major presentation with a VERY LARGE fruit distributor?
http://money.cnn.com/2006/01/18/mark...ex.htm?cnn=yes
Didn't Intel just make a major presentation with a VERY LARGE fruit distributor?
Comments
Originally posted by Bergermeister
Didn't Intel just make a major presentation with a VERY LARGE fruit distributor?
1) No, they made the presentation many month ago.
2) No. Apple is not VERY LARGE customer of Intel chips compared to other Intel customers. Alone Dells talk about possible use of AMD chips is more important. Even if Dell chose to use AMD processors in just a small part of their computers it would have a larger impact on Intel than Apples decision.
Now Apple is meeting the same fate... What is it with the analysts? What is it with the stock market? If we just stopped the stock market, so many things might be better, because all it really is is rich people getting richer at the expense of the common guy.
Originally posted by Bergermeister
That doesn't answer my primary question.
Now Apple is meeting the same fate... What is it with the analysts? What is it with the stock market? If we just stopped the stock market, so many things might be better, because all it really is is rich people getting richer at the expense of the common guy.
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It is how things work, like you said, for the profit of the wealthy.
For intel, if Apple begins to sell better, it will be good for them. But it is true that if dell goes more to AMD, it will hurt intel.
I would say given intel's plan for the viiv, that if intel goes down, it would be a good idea to think about buying. They are the largest cpu maker in the world.
The quality of a company is no guarantee of its stock seeing a rise.