NEW YORK, July 18 /PRNewswire/ -- Investors should own Intel at this level, according to tech specialist firm Avian Securities. "This is one of our favorite ideas because of the longer term positioning of the company," said Avi Cohen, managing partner and head of research. "With the practical demise of AMD, new changes in INTC's architecture (that are just now being implemented), and the ability to control both pricing and production, we see INTC as both the ideal place to ride out an economic slowdown and the great place to be if the slowdown never materializes." In a research note published yesterday Cohen explains: Historically INTC margins explode when they can slow down their aggressive pace of capital expenditures and squeeze more life out of their cutting edge manufacturing. Financing is virtually impossible to get today and most likely will remain tight for the foreseeable future. This means AMD or any other dysfunctional potential competitor will not be able to compete as effectively with INTC allowing INTC to squeeze more life out of existing infrastructure and drive higher margins. Also the pace of research and innovation at INTC over the last two years has been in overdrive because of the failures of the previous two years. For a copy of the full report please contact Larry Zirkel at http://www.aviansecurities.com/ DATASOURCE: Avian Securities CONTACT: Larry Zirkel of Avian Securities, +1-617-988-5151 Web site: http://www.aviansecurities.com/

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