Is it a good time to buy INTEL stock?

[chiwawa626]

Is it a good time to buy INTEL stock? Why or why not

 

[Sephiroth_IX]

In a word, no. They are tied to RAMBUS, and that will hinder sales for a couple years or more.

 

[NikPreviousAcct]

well, even with your first answer, that would tell me that, yes, it is a good time to buy Intel stock. Don't buy much, just drop $150 or so on a few stocks now. Use any sort of profit to buy more stock. When Intel makes some better choices, their stock will go back up.

I'm just hoping it will get back up to $130 like it was in August! My mom got 200 shares from her mother about a month ago.

 

[Midnight Rambler]

Intel has been getting pummelled for the same news time and again. Last count it was 5 times (ie. 5 bad days after "downgrades&quot for the same exact news - revision of 2001 earnings down to a range of $1.50-1.60/share, which is less than a 10% downward revision. Yet the stock has lost about 40% on this "news". While all the brokerage houses are publicly downgrading Intel, internally most of them are saying this is a buying opportunity. For example, on Monday, Salomon Smith Barney publicly downgraded Intel, yet their internal news was to buy. Merrill, Prudential, samo. Even value fund managers are looking at Intel, whereas normally they stay far away from tech stocks period.

Intel and AMD are both going to be down for some time, either would be a long term investment. AMD has even more risk due to inventory concerns and their ASP has dropped to less than $98.

In general, the tech wreck is growing worse even as news, valuations, and outlook improve. Look what happened to Cisco Monday when Chambers (their CEO) made it a point to remind every analyst that they have not changed their earnings & growth guidance for 2001 at all. Stock got creamed.

Some of this irrationality is good. A further sign that we are nearing the bottom. But some of it is downright troubling too. Example, Drew Peck of S.G. Cowan downgrades Intel, but says there are good plays in semis now, his top pick is Transmeta ... haha ... shows how much this guy really knows doesn't it.

Some good news re: Intel. Look up the news announcements concerning Silicon Valley Group (SVGI).

 

[SuperTool]

It's a gamble. And the name of the game is IA-64. If the architecture swims, intel will be doing great in long term. Basically, a lot of the PC makers like Dell are just itching to compete with the Alphas and Suns of this world. They want some Intel 64 bit chip to put in their machines. I think Intel is overdoing it with the whole VLIW/EPIC architecture though. They seem to be in over their heads.
If it sinks, that's a lot of money and time down the drain, possibly crushing intel's bid to enter the high end server market for good.

 

[Doggiedog]

No way!

They are going to preannounce sometime this week.

Mark my words.

 

[Pliablemoose]

Are you going to hold the stock or do you want a quick gain?

Here's what the pros think:

Analyst Ratings Today 1 month ago 2 months ago 3 months ago
1=Strong Buy 10 11 14 15
2=Buy 8 7 6 7
3=Hold 1 1 1 1
4=Sell 1 1 0 0
5=Strong Sell 0 0 0 0
Consensus (mean)
(strong buy) 1 - 5
(strong sell) 1.60 1.55 1.31 1.33


Don't know how my formatting will hold up in the forum, borrowed the data from Zack's concensus reports.

If you're planning to buy & hold, they look ok.