lt cap,

Thanks for the article (I *think* - I got nauseus around page 2 - will read the rest when I have the 'stomach' for it.)  Funny, I was just coming here to post that although I've held off posting INTC articles here, the news is not good on several fronts - one of them being a Tom's Hardware head-to-head comparison of both INTC's Coffee Lake (release: Oct 5th) CPU iteration both with Ryzen's offerings and with INTC's Kaby Lake (7700 series) processors. The 'surface' good news are some fairly astounding things, such as INTC claiming that it's 8700K Coffee Lake will increase speed of applications by 50%, and games performance 25%, over its own Kaby Lake 7700k (best gaming processor mainstream) processor, for a modest increase in price - the biggest power upgrade by INTC Tom's has ever seen. It also will fairly handily beat equivalent Ryzen offerings, at least at Ryzen's current architecture and INTC's 14nm++

The bad news is that, as I've mentioned before, part of the short-interval release of Coffee Lake is almost surely an attempt to get clearly ahead of Ryzen. And implicated in it's pricing structure is something of a price war - where buyers/gamers profit handsmely with blazing fast processors at  really good prices. 

Given this, the Apple/Samsung story you posted, and other factors, well, I'm a holder, but more of a nervous one here. So, I ask myself - which is INTC breaking out (if today's stock price holds) to new 52 week highs? Because NOK has found a day when it's flat and not losing any value? Make sense to me. (Altho the tech sector, shown partly by today's disparity between the DOW and the NASDAQ simply reflects how much tech is out of favor at the moment.) INTC up 2% + ? Someone hasn't gotten the news.

Although last time I thought INTC toppy after results (geez ...must be a couple years ago, when it hit $30) I sold about 25% of my position, figuring it likely would pull back and consolidate.

And INTC's strengths can get hidden by the glare of problematic news - I like the way they've flexibly managed and leveraged their foundaries, the future of their Optane memory and licensing, and they're likely to be the first to the next die shrink, albeit given the uncertainties of the unknown problemtic kinks which always accompany such shrinks.

INTC's share price  is indeed doing well, and NOK is certainly being treated as a show me stock, as it should be for a company in turn around mode.  As you know, I view INTC as a giant that is challenged in growth because it missed many important markets.  The management continues to carefully navigate these waters via dividends and targeted areas where INTC can still dominate and enjoy great margins.  Not an easy task, I might add.  Still, with all this said, I still am concerned that the competition will slowly eat away some of the huge market INTC has.

I have no question that NOK's management will deliver the goods, it has done as well as it can be expected given the challenges of a bad industry segment and a big task in integrating a very large acquisition, all at the same time. NOK will have its day. I beliieve this quarter could still be iffy, but starting with the fourth quarter I believe there will be a moderate ramp in revenues on a YoY basis. That should carry on through 2018