Short based on technical analysis. In addition, the new regulations are going to make the company loose a lot of money, as foreigners will not be allowed to live in the 100bn usd city project in Malasya. Short until 2007 touches support.
Intel has an annual 3% revenue and earnings growth, pays a decent dividend yield, and has a good financial health. The PER is now 14x, which is relatively low, however at the current rice, the next year PER is expected to be around 10x. This makes it agood investment opportunity regardless on a technical analysis.
