[citation][nom]back_by_demand[/nom]We do understand, profits are up nearly 9-fold, but only because previous profits were so rubbish. Still, good news for investors that the company is back on the road to profitability, so share price dropped a bit but you don't see shareholders making a run on their brokers. Wait a little bit and see that share price rise and the dividends roll in.In the immortal word of Jar Jar Binks, "Steady...Steady!!!"[/citation]
The p/e ratio suggests that the stock price is already wildly overvalued. Even Google, the dot-com holdout, manages a better p/e than Intel. This is really more of an 'OK maybe Intel will survive the downturn' type moment, not a 'Oh wow Intel is king of the f$@%@@ universe' moment... Lately 'beating expectations' is all it takes, apparently.