$Intel(INTC)$ This was a very

$Intel(INTC)$ This was a very very easy trade to make 2 weeks ago. When it fell to the 17s, it was not only trading BELOW book value significantly, it was trading at almost 16 year lows. AND they still produce 62% of all chips in x86 machines. It was market over reaction to previously bad earnings report. The market is often VERY good at pricing things appropriately but SOMETIMES the market is wrong. The market was wrong on this one.

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