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Re: Intel in Talks to buy
Altera
OT - HB,
Not sure I agree that INTC is overpriced here - might be close
to fair value, although 2 things are of concern: Their forward
guidance down is obviously concerning, as well as their mobile
division spending $1bln while taking in $1mln in revs - it's an old
statistic, but whether that kind of spending ultimately
results in a decent footprint in areas where they have no presence
has a great deal to do with their future profitability. INTC seems
to be AMD's lunch on just about all fronts, but that won't get you
a cup of coffee.
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