• Markets BOUNCE!  … But NOT SAFE
• Intel Corp. (Ticker: INTC) announced a design FLAW in its notebook SUPPORT (as opposed to the main micro-processor) chip… BUT INCREASES revenue forecast. Stock has sold-off more from Friday’s close.  We like the late day volume on today’s move in the low $21’s and the fact that the stock has stabilized into the close.  Look, we like this stock – Here’s why:  Big stock repurchase plan announced last week, very strong revenue AND profits AND margins from the last quarter’s show a strong business, it’s not gone anywhere in a long while, management is excellent and hungry to increase shareholder value, company announces higher expectations today for the quarter, AND McAfee acquisition is going to start helping bottom line too.  BUT the background market needs to be more stable or predictable before we re-engage.
• Check out our note and chart on Motorola Mobility Holdings (Requires subscription).

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