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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 3:59 PM EST

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To: Road Walker who wrote (91700)11/4/1999 12:25:00 PM
From: Paul Engel  Read Replies (2) of 186894
 
John - Re: "Fixed costs are different. In 1997, while revenues were declining, Intel added a huge number of employee's. Salaries are fixed costs, and a large increase mixed with revenue declines made it very hard to show good results. Subsequent to 1997, I believe they initiated a program to cut the increase in fixed costs. I'm just wondering if this effort is on-going."

Sorry - I didn't realize you addressed the FIXED COST problem until I re-read your original post.

Paul

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