|
Intel’s earning failure and possible anticompetitive moves another sign of tech stock collapse in 2007
Special Correspondent
Jan. 17, 2007

The street is crazy about tech stocks again. The hype and bubble is not as strong as year 2000 but compared to fundamentals, it is actually far frothier.
Intel's earnings tumbled 39% and revenue fell 5%, signaling that a counterattack against rival AMD is taking a toll on the chip maker's profit. Intel also projected that its gross profit margin will decline.
Intel is not Microsoft. When Intel type companies restore to anything that is close to anticompetitive moves, the end of that sector is close and eminent. EU investigators recommended formal charges against Intel over anticompetitive moves. That is serious because that just signals trouble for the whole sector.
Microsoft type companies can restore to controversial tactics but when Intel does the same or is even suspected of the same, there is problem in demand and pricing power.
SMART LIVING & INVST. ARTICLES
Intel’s earning failure and possible anticompetitive moves another sign of tech stock collapse in 2007
Special Correspondent
. EU investigators recommended formal charges against Intel over anticompetitive moves. That is serious because that just signals trouble for the whole sector.... READ MORE>>
A 68% surge in earnings in JP Morgan Chase is another sign of maturing bubble in M&A
Special Correspondent
Every bull market finally matures with exploding M&A mania. In recent days it happened in 1987 and 1999-2000. READ MORE>>
The second recession in the Internet sector is now led by user-generated sites - another dot com look-alike bust?
Specia Correspondent
After the dot com bubble and final gloom and doom, the second recession has started for the Internet sector. User-generated sites – the so-called blogs, video upload sites, and so on, lead it. READ MORE>>
Time to invest in land deals – like Centex and KB Home many developers has written off billions on the value of land holdings and options
Specia Correspondent
The developers are finally panicked. They are throwing land holdings and options in a slumping market. READ MORE>>
Another short-term bearish news for dollar - U.K. inflation accelerated to the highest in at least a decade
Specia Correspondent
3% inflation rate is unheard in UK. It is the highest in the in at least a decade.. Consumer prices rose 3 percent, the most since the index began in January 1997... READ MORE>>
Oil can move back to $60 a barrel level before testing the recent low again
Specia Correspondent
The oil market has lost 13% of its value this year. Some OPEC countries are seriously concerned. Algeria and Venezuela can go bankrupt if the oil prices remain at this level. READ MORE>>
Dollar index continues to consolidate as German Investor Confidence rises to a six-month high
Special Correspondent
The net impact can be serious for Dollar. It will be interesting to see if Dollar can hold it base at 84 or just below. READ MORE>>
MORE ARTICLES >>
|