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OT - NOK INTC
OT - NOK actually had a gain yesterday, but today is back to its
usual 'slow drift down' pattern. Finisar and .....another optical
equipment parts maker (can't recall) are flying high today.
Although Verizon in their CC (they beat estimates - probably in
part, I'm thinking, because they're such skinflints on capex), said
that capex spending would come in at the lower end of their
estimates going forward. Wonderful. They added significant
subscribers (not an easy thing to do in a mature, no-growth sector
in US Telecom) without spending more money for buildouts. Bully for
them.
I'm somewhere between worried and perplexed on INTC. They are
breaking 52 week, and possibly all-time highs. Despite the fact
that their competitors and challenges become greater, not fewer.
Yes, they've got lots of initiatives going. And the license with
Micron for what will become the nextgen solid state memory. But my
stake is outsized because of the almost double appreciation over
the years. Feels like I ought to unload at least a part of it
but....INTC just keeps on a path upward week after week, so far.
And it's a nice dividend to collect. But someone isn't getting the
message here, given the stock price movement. Could be that the
market is blind to the risks. Could be that it's me - something
nicely positive that I'm not aware of.
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Jamok,
Re INTC hitting 52 week highs consistently: It is all
about the dividend and a run away market. Still, the signs of
potential trouble are quite real and palpable.
Conspiracy theory: I would not be surprised if big money
is elevating the stock with a plan to start exiting at quite
favorable levels. Then bad news hits and the stock gets
hammered.
Remember GME? It went to very elevated highs even with the
clear and imminent threat of digital downloads. Now it is not
even half of those levels.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/20/17 at 6:13 AM CDT
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