Intel analysis

My latest article at Seeking Alpha:

Intel: Neither Bullish Nor Bearish Stories Hold Up

It mights seem a bit strange writing an article where, after a complex analysis of moving parts, my conclusion is close to neutral. But after doing my research and analysis, that was my conclusion. I spend a lot of effort trying to predict the future. That is what individual stock picks are about. In this case several variables could have gone in either positive or negative directions, so my best bet is neutral. That does not preclude the bears or bulls on Intel being right, but they certainly can't prove they are right. If they were, the stock price would be different.