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Title: Intel
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Business |
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August 15, 2005 |
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2 / 380 |
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Essay text:
Intel dropped by 3 cents on Wednesday, but it should have gotten clipped for much, much more than that.
Don't worry -- Intel's big haircut is still coming. Showed first 250 characters
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That sounds like a slight miss, but that headline shortfall doesn't begin to tell the horrific balance sheet problems building at Intel.
==> Intel reported 38% year over year growth in notebook chips, but only desktop chips sales only grew by 9%. The bread-and-butter business of desktop computers is shrinking like a prune... Showed next 250 characters
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