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Old 07-17-08, 06:23 PM
JeffreyO JeffreyO is offline
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Join Date: Jul 2008
Posts: 8
Intel (INTC) (25% higher revenue vs. Lawsuits)

INTC is facing a smorgashborg of lawsuits including a freshly dispenced SO from the European Trade comission. They're similiar to other lawsuits which were either properly defended against or never went to court.

I'm new to investing, I don't know much but INTC felt like a good short term investment for the 3rd quarter with 25% higher revenue and a strong outlook for the 3rd quarter. They've been in a constant climb since the profitability report was released and today gained 5.2% on their overall value.

However, shortly after closing the ETC announced they would file anti-trust charges against INTC and the stock took a sharp -2.5% drop. In the following hours it has since leveled and is sitting patiently around -2.0% giving hte day an overall positive 3.2%.

What do you think about the future of INTC? With huge profitability and a very bright outlook for the 3rd quarter do you think their stock will continue on its upward trend or will the new SO be enough to hold their stock at bay?

(PS, I am very new to investing so please feel free to correct any terms I used or even my thought on how this might effect the overall value of INTC)
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