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Technology Stocks : Intel Corporation (INTC)
INTC 37.62-0.5%12:09 PM EST
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To: wanna_bmw who wrote (162507)3/19/2002 12:47:14 PM
From: Robert Douglas   of 186894
 
Last week, the Federal Reserve reported utilization rose marginally 30bps to 62.6% in Feb., after hitting a low of 59.4% in August

I hate to point out the negatives, because really I'm quite sanguine about the future, but those utilization rates are so low that there isn't likely to be a pickup in spending until they are much higher.

However, if those utilization rates are in reality higher because a good chunk of those idle plants will never be brought back on line due to inefficiencies, then we have a different animal. I believe there's some truth to this.
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