I have written extensively about Intel's problems. Don't tell me about the company's success in the server market. That's parallel to
Research in Motion
bulls citing "security" as the reason why the enterprise would not abandon Blackberry.
Fair or not, investors look to the consumer market when assessing a company like Intel. They don't know anything about, nor do they have any inclination to learn about the stacks Intel supplies corporate America. Investors -- on Wall Street and on Main Street -- want to know about the consumer market.
Intel chips might be on the way out at Apple. Even worse, they're closely aligned with the sinking ship that is
(MSFT - Get Report)
and the PC market.
If you want a dividend value play, buy AAPL. Run away from INTC. The teens are here -- and with the exception of a dead cat bounce on some hollow whiff of optimism -- they're not going away anytime soon.
--Written by Rocco Pendola in Santa Monica, Calif.