Re:Chip industry had worst sales year since dot-com bubble b...
by perl4ever on Thursday February 06, 2020 @11:58PM
(#22263359)
"Doesn't this seem weird?"
I have no idea if INTC is a good stock to buy, but it sounds like you have an idea of who they are that is based on a lot of ordinary people and their stereotypes about the company from the media and from using computers for years.
A company can be reshaped much faster internally than their public image, but I don't think you have to be an insider, a genius, or a professional to figure it out. You just have to read their reports to the SEC. Not for the decimal places, but for one or two significant figures and the text.
What I'm saying is, I don't know if x86 CPUs have the significance you think or not. If people did buy the stock based on "cloud demand", then I would say "huh, I wonder if that's justified, what proportion of their business is it and how is it growing?" Rather than assuming they are who I think they are. IBM, GE, many other companies have strong images of the companies they used to be with the public, so I imagine many people own stock without any idea of what they really have.
I have no idea if INTC is a good stock to buy, but it sounds like you have an idea of who they are that is based on a lot of ordinary people and their stereotypes about the company from the media and from using computers for years.
A company can be reshaped much faster internally than their public image, but I don't think you have to be an insider, a genius, or a professional to figure it out. You just have to read their reports to the SEC. Not for the decimal places, but for one or two significant figures and the text.
What I'm saying is, I don't know if x86 CPUs have the significance you think or not. If people did buy the stock based on "cloud demand", then I would say "huh, I wonder if that's justified, what proportion of their business is it and how is it growing?" Rather than assuming they are who I think they are. IBM, GE, many other companies have strong images of the companies they used to be with the public, so I imagine many people own stock without any idea of what they really have.