News Intel predicts poor quarter

http://www.bit-tech.net/news/2008/11/14/intel-predicts-poor-quarter/1

Intel has restated its Q4 predictions for the second time in two months, warning investors to prepare for a fourteen percent drop in revenue.

 

The Q6600 has gone up from £119 to £150 in a month. Do they really expect that to increase sales?

 

It's the exchage rate, £1 could get you $1.90 a little while ago, now its dropped to $1.45. Its the weak pound thats playing havok, not intel increasing the price.

 

Ah, I see, thanks.
Still, I'm not going to buy anything at the moment.

 

Well...Intel stocks are interesting ;-)
Shame I already have some though.

 

its the global economy crisis thats probably affecting the it field as well....

 

So... which companies don't have declining stock prices? I imagined intel would be doing relatively ok considering how much they've dominated the cpu market over the last few years

 

AMD must be doing rather bad to....

 

High time to buy Intel stocks now then.

Chances are they'll weather the storm.

 

I'm throwing a party.