Sunday, March 29, 2009

Intel Announces That Its Stock Is Wildly Overvalued (INTC)

When companies sell stock, it sells a signal to the market. Henry Blodgett interprets the recent Intel stock sale announcements:

Intel Announces That Its Stock Is Wildly Overvalued (INTC):
"Why would a company with $13 billion of cash and $5 billion of free cash flow file to sell $1 billion-worth of stock at $15 a share?

That's right!

Because it thinks the stock is wildly overvalued."
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1 comment:

Anonymous said...

How come a company has 20% to 25% less revenues and earnings are up? compare a 1Q 2008 vs 1Q 2009!

1:15 PM

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