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To: puborectalis who wrote (319)4/25/2002 1:45:43 PM
From: Return to Sender   of 13403
 
From Briefing.com: INTC Intel analyst meeting highlights (29.15 +0.24) We are hearing that during their Analyst Meeting, co says they expect rev in 2002 to be higher than 2001, and that the recovery in communications industry is trailing the recovery in corp IT hardware spending; in addition, the co continues to believe they are gaining share against SUNW in servers, they are seeing 35% cost savings using 300mm wafers vs 200mm (good for margins), and that they see no change to their 2002 capex guidance of $5.5 bln. Separately, the co said they are will restart construction of a $2 bln manufacturing plant in Ireland (AMAT, KLAC, NVLS popped on the news).
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