This post by Jim Cramer appeared earlier Friday on RealMoney . Click here for a free trial, and enjoy incisive commentary all day, every day.The other day I was reading GigaOm about Intel ( INTC). I am on a mission to convince people that this Intel is not the Intel of old, that it is a cash flow machine, that it is moving aggressively into servers to play cloud, that it is a dominant player with two new product cycles that already have low gross margins. Om Malik agrees with me and recognizes the power of this Intel and is adamant that the company -- along with Texas Instruments ( TXN) (something I picked up when I met with him for breakfast) -- is going in the right direction and was maligned by the market after a great quarter that was marred by Nokia ( NOK). I ponder this today because suddenly people like Microsoft ( MSFT) again, meaning that they could circle back and look at Intel, which is cheaper and has more going for it long term. Intel is in a quandary. If management had simply said a couple of quarters ago that the company is not going to focus on gross margins but on longer-term strategies, I believe it would be higher now, as the Street (particularly the negativists at JP Morgan) would be adjusting to the notion of the company as a product-cycle play levered to cloud. But, similar to Microsoft, Intel has been pigeon-holed to the "not Apple ( AAPL), so sell" quadrant. If Microsoft stays higher, then I believe that the circle back will be alive and well, as it should be--talking ActionAlert.com book. If you are mystified by my reasoning, by all means go to GigaOm, and you will see the rationale explained much better than I can do in this entry. Random musings: Ford ( F) is a winner. The credit gets better and better. I still love the preferred. The common is not coming until 2011, from what I can read in the statement, with the help of my chief accountant and colleague Matt Horween. At the time of publication, Cramer was long INTC, AAPL and JPM.