My guess is that INTC will lose at least 3% on the announcement. However, it is remotely possible that the BOD gets someone with the right credentials and external experience to take over. Any guesses?
10 replies (most recent on top)
Realistically 4 - 5% because the market situation with Intel is also deteriorating fast and 10 nm failures are going to prove very costly in lost of MSS.
It will plummet if the appointee is considered worse than BK
How likely is that?
@1ivw - Hopefully next to be kicked out to the curb will be the dinosaur AB.
Thankfully Yoffie is off the board after 29 years.
@dzk - Agreed. I don't know where the tipping point may be, but I agree AB has sway. And not anymore, in a good way.
@zhr - Doesn't matter if the dinosaur AB is still running the show. Until they unseat that obsolete beancounter, no good decisions will come out of the BoD.
@bdi - You should educate yourself on the makeup of the BoD now vs when BK/RJ was selected. It is very different. I'm not saying that this newish BoD will do any better or worse, but I believe everyone should have one's facts straight before making obviously uninformed statements.
Not likely that the BoD will select a successful CEO if you review their past performance. Truly pathetic.
External = INTC gets a courtesy bump, maybe 3%. It lasts for a few days, maybe a week, where it trades sideways.
Internal = INTC gets a courtesy bump in the 9:30-10:30AM EST hour the next trading day (or right after it is announced if during a trading day). Then it plummets, 5-7%, within the next 24 hours.
10%