Chipmaker Has Lost Its Flavor

Does anybody follow Intel (INTC) anymore? In the 90s, I followed Intel's management around the country like a dog with a bone. I went to every investment conference, every product announcement and listened to every conference call. With a one-year return of -25% and a five-year return of -5%, you can excuse me for not jumping on a plane the next time the company speaks. Nowadays, I can't bring myself to get out of bed if Intel is planning a presentation.

Intel is getting hit from all sides. PC unit growth suffered its steepest decline in history last quarter, dropping 14% worldwide, according to research firm IDC. Gartner reported something similar, saying PC sales had their worst decline since the second quarter of 2009....454 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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