Intel serves up ‘a lot of meat for the bears' as stock flirts with worst drop in two years

As Intel Corp.’s stock flirted Friday with the possibility of seeing its biggest one-day drop in more than two years, analysts had some harsh words for the chip maker.“How many times can you push the reset button?” Bernstein’s Stacy Rasgon asked in a note to clients. While he thought many investors were bracing for the company to miss on its first-quarter forecast, the outlook came in “extremely weak and clearly worse than feared.” Intel INTC, +0.94% expects $12.7 billion in revenue at the midpoint, while a ...