Analyst:: FTC's Beef with Intel is "Overblown"
Analyst:: FTC's Beef with Intel is "Overblown"
Posted 12/29/2009 at 7:19am
| by Paul Lilly
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Following a $1.25 billion settlement with AMD, the FTC decided to move forward with an investigation into Intel's business practices. Be that as it may, at least one analyst is downplaying the situation, rejecting the notion that the courts will force Intel's hand at licensing modern x86 instruction sets to other firms, EETimes reports.
Doug Freedman, an analyst with Broadpoint AmTech, said the potential ramifications of the FTC's case against Intel are "overblown," and went on to emphasize a "buy" rating on the chip maker's stock.
"Our call is that INTC is the best value in semis is predicated on stronger than expected earnings driving in server and notebook markets, concurrent with concerns about FTC actions becoming better understood as the legal process enters the public domain," Freedman wrote in a note to his company's clients.
Freedman added that Intel has a "much stronger case than people realize" and expects a favorable ruling before the end of 2010.
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DasHellMutt
December 29, 2009 at 1:43pm
Not only that, They just got smacked down by the EU. Their settlement with AMD followed. Sure sounds to me like Intel was trying to play nice and cut their losses before it really hit the fan. Then it hit the fan anyway.
It may be that they do end up with a favorable ruling in the end. But for now they are in a bad position and I wouldn't be buying their stock until after any potential negative fallout when their stock may drop significantly. No matter the outcome, they are one of those companies I think most would consider "too big to fail" so even if they get smacked pretty good they'll continue on.
TechJunkie
December 29, 2009 at 12:31pm
Who gives a crap what this guy says? They settled with AMD (although not admitting any wrong doing but we all know the truth) tells us, the consumer, alot about what intel has been upto. Not to mention the fact that those companies admitted to kicking AMD to the curb for kickbacks and cheaper prices from intel. So yeah, I hope intel gets what it is deserved and this analyst needs to STFU!
$1.25 billion settlement with AMD, the FTC decided to move forward with an investigation into Intel's business practices. <----Intel lost dumbass
Freedman added that Intel has a "much stronger case than people realize" and expects a favorable ruling before the end of 2010. <----same case as before, just that it's FTC vs intel instead of AMD vs intel dipshit.
How can that moron say that a favorable ruling before end of 2010 when they lost to AMD? I'd bet he has stock in intel so he has to uplay them to make more money before they fall.
Biceps
December 29, 2009 at 2:31pm
WHAT THE HELL: "expects a favorable ruling before the end of 2010." My ass! How many YEARS did the case with AMD go on for, and Freeman thinks it'll be over in a few months? What planet is this dude on?
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