Intel has been falling for a while, but recently got a bit of good news: rival AMD downgraded in response to Intel's price-strategy to regain market share. MM inventory has to be getting pretty large (last sale Friday was +8 million shares: do the math, lol). May well fall some more (16? 15?), but shouldn't take much to light the fuse...
posted
I think it might be moving up a little. It went up fast late in the day and it's up in after hours trading.
Wednesday March 22, 4:15 pm ET
SANTA CLARA, Calif.--(BUSINESS WIRE)--March 22, 2006--Intel Corporation's board of directors has declared a $0.10 per share quarterly dividend on the company's common stock. The dividend is payable on June 1, 2006 to stockholders of record on May 7, 2006. Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom.
Intel is a registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.