Jim Cramer on Intel: “It Didn’t Predict the Strength of Its Own Markets Correctly”

Intel Corporation (NASDAQ:INTC) is one of the stocks Jim Cramer talked about, along with the memory shortage. Cramer noted the company’s “dismal guidance,” as he commented: Finally, when Intel reported last Thursday, the stock got clobbered. Remember… it was down 17% on Friday, another 5% on Monday, before stabilizing today. That’s not because the numbers were bad. The quarterly results were actually quite good. Instead, Intel gave dismal guidance because they just don’t have the ability to meet the deman ...