Locator: 46900TECH.
Tech:
- Intel: link here.
- TSMC evacuates some lines in Taiwan after earthquake; largest i n 25 years.
- Tesla: deliveries / sales underwhelm.
CEO has been concentrating on government handouts, over-promising shareholders, and bamboozling Wall Street, in general.
Five years:
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A Musical Interlude
A few months ago,maybe about the time the 'chips bill' was ramping up, I got a little whiff of nostalgia and thought about buying Intel again---- sure glad I didn't. Back in the day I made a lot of investment money off of INTC but those days are long past and not likely to return. When INTC was 'flying high' friends who knew I was heavily invested in the market and doing quite well---- would ask me for some advise. It was always the same::: buy Intel. A shame to say it's glory days are probably gone for good. All the money from the Biden Administration will keep them flabby and underachieving.
ReplyDeletePS one of the things I always loved about Intel is that they were essentially debt free. Debt level has always been important to me in my investment decisions. Guess what their effective debt level is now------- 25 billion, (and sinking). Really ugly.
Great note, thank you. My rambling reply: https://themilliondollarway.blogspot.com/2024/04/replying-to-reader-re-investing-and.html.
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