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No kidding. Couldn't happen to a nicer company. This is what you get when you hire the lowest priced engineers that you can get away with, and treat them like crap.
The blame for this is squarely on managements' shoulders. Though they will spin it.
I hope this screwup is directly tracable to one of Andy Grove's foreign suicide sweatshops. I mean I've generally sided with Intel but I really don't appreciate the outsourcing.
What's the positive spin going to be?
Wonderful oppertunity to buy the fucking Intel dip.
LOL! Of course! OT- I've been on and off ZH sporadically past 2 weeks. Caught up on your "Monday Post" and Cheeky's story yesterday. Awesome stuff CD, thank you and thanks for getting us The Bastard back, even if it was only for 1 story.
Halt selling, churn a bazillion shares, net change zero, call the dip priced in by the market, allow BTFD purchases from churned butter, open buying for all.
(selling is no longer a function [available to peons] of the market).
>I am Big Brother.
>I have shares to sell.
>You are my client.
>You have shares to buy, when I say, and for how much I say.
Buy the Chip, just don't power it up.
Intel halted? Shares not being traded, like that?
I thought Intel Halted nicely captured the State of the World.
Intel halted. Stupid, full speed ahead.
Plus, talk about an insider's insider, TBTF, monopolist company.
Fried Chip maker? hah!
Why halt it, it only dropped 1.5%
Because theres nothing but air below 1.5%.
Na. There's air, unicorns, fairy dust and worldcom corpses below 1.5 percent.
didnt somb hooka say selada intc last week
Trading resumed, just a few minutes of hold-up to inform the PPT
Cougar Point....silicon fix...are you sure this was not a statement from SEC?
Hmm. Looks like market makers are real nervous these days. I guess they were asking their overloads if they could nuke INTC or save it.
AMD's options got a nice pop this morning...
The best looking cougars all have silicon.
not the first cougar to degrade over time
Generally these chip errors are par for the course. This one only became an issue because it was found in longer test runs.
They issue chip revisions about 6 times a year or more often. Intel will lose about one month of production, and may have a small recall. Intel's quality if it were applied to the auto industry would have every car running 800,000 miles without needing service except for oil and wiper blades.
Equity is a slaughter house. F got its throat ripped out, Intel is getting the clever, and who is next? I would say Netflix is about to get gutted. They had a nice run, there is no recovery, they had to use gimmicks to create their demand, they could lose huge here. Apple too, but I have never liked apple.
right but in a shit economy NFLX will soar since it is cheap entertainment.. it is bullet proof - someone is going to buy them out/merge at some point
i bought at 45 and sold at 50.. it will not crash and haunt me forever
NFLX is a roach.
and roaches die pretty hard.. if at all
This'll be another reason the market's going up today, yes?
no glitch.. they had to halt and issue recalls to include new facebook/twitter CIA 'enhancement' codes...
How many shares is Intel buying back ? 2 Billion Bernack bucks worth ? What a bunch of doo doo. Just shut it down, folks can switch to buying lotto tickets and bail out the bankrupt cities and states.
Now the motherboard market will be filled with these "landmine" pieces of hardware untli the channel clears.
Ohhh Pray Tell. What about Guidance and whisper numbers? HEHE
I guess those Qualcomm options were a good buy.Snap Dragons and all.
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