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Technology Stocks : Intel Corporation (INTC)

INTC 35.94

-5.1%

Nov 13 3:59 PM EST

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To: Paul Engel who wrote (96628)	1/19/2000 6:49:00 AM
From: Process Boy	Read Replies (2) of 186894

Paul, Haim, and Thread - Intel Israel exports nearly double in 1999 As I've said from time to time, F18 is good :-) biz.yahoo.com Wednesday January 19, 5:56 am Eastern Time Intel Israel exports nearly double in 1999 TEL AVIV, Jan 19 (Reuters) - Intel Corp said on Wednesday that exports from its Israeli operations jumped 92 percent in 1999 to $810 million from $422 million in 1998. Intel Israel CEO Dov Fruhman estimated exports would surpass $1 billion in 2000, above earlier forecasts for the year. Exports from its plants in Jerusalem and Kiryat Gat rose to $583 million in 1999 from $256 million in 1998. Exports from Intel's development centres in Haifa and Jerusalem in 1999 increased to $227 million from $166 million in 1998. Fruhman attributed much of the growth in 1999 to higher-than-expected output at its new Kiryat Gat plant, which produces the 0.18 micron technology microprocessor series. Fruhman said the company continued to reinvest profits from its Israeli activities in Israel.

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