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Technology Stocks : Intel Corporation (INTC)
INTC 39.50-3.1%Dec 11 3:59 PM EST

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To: Road Walker who wrote (62391)8/12/1998 8:13:00 PM
From: Fred Fahmy   of 186894
 
John,

If they want to make sure they don't get stuck without supply, it is as much the responsibility of the Dell's, Gateway's, Compaq's of the world to get their forecasts in line. Intel doesn't want to carry unnecessary inventory any more than the box makers. The box makers can't expect Intel to act like a faucet that they can turn on and off. When everyone along the supply line is using JIT, forecasting becomes a shared responsibility between suppliers and buyers.

< I wouldn't want the job of putting together those numbers, and
having the revenue/profit of the company depend on my suppositions.>

I did this for our division (approx 500 mil revenue) for volumes and revenue for 6 years before returning to engineering recently. I didn't have profit responsibility. The tech industry is dynamic and you are very correct in stating that forecasting is more of an art the science. Lots of things to consider and there is no substitute for experience. I enjoyed it while I did it but after we went public it became a pain because things we did quarterly were requested every month. Too much churning.....it got old after a while.

FF
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