Intel not doing that well, contrarion claims
THE ONLY PLACE Intel is going great guns is in Asia, an analyst has claimed. And adds Bill Fleckenstein at MSN Money, Intel’s share price is wildly overvalued, underestimates AMD’s 64-bit chip plus there ain’t much growth in the personal computer market, he thinks.
According to his column, the bulls are making a mistake extrapolating results Intel delivered last week into the forthcoming quarter.
Yet, to act as a contrarian to Fleckenstein himself, our feedback here at a European system builder summit matches the mood at the Etre conference last week, and at the Computex show in September.
People are buying kit, and it isn’t just some breakaway cheerleading from the financial analyst cheerleaders.
