Friday, January 14, 2011

Intel - drops after announcing record profits

Headlines: Intel Soars To Record Earnings

But today it drops by another 1%. Mind boggling isn't it. I meant there you are an established company, already winning the PC, notebook war. trading at below 10x PE.

Do people really think that the PC market is dead? The way Apple created the buzz in the tablet industry, does create success in investor's thought that PC is a thing of the past. Amazing isn't?

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