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Intel

   
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Title: Intel
 
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Subject: Business
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Date: August 15, 2005
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Length: 2 / 380
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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.
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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...
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