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Technology Stocks : Intel Corporation (INTC)

INTC 34.72

-2.3%

3:59 PM EST

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To: Tony Viola who wrote (104039)	6/6/2000 1:32:00 AM
From: Ibexx	Read Replies (1) of 186894

Tony and Intel investors, The following are excerpts from Prudential's Semiconductor Conference held in London. Report was issued today by Mosemann et. al. (6/5/00). 1. Intel gave the lead-off presentation and re-iterated its aggressive posture regarding capacity expansion over the next two years to meet the strong demand trends. 2. Micration from 0.18 micron to 0.13 is expected to be in full volume by 2002. 3. Next generation 32 bit microarchitecture (Williamette) is on track for introduction in the second half of this year at speeds of 1.2 GHz plus. 4. The company (Intel) expressed its view that the current semiconductor upcycle could extend further than past cycles, given the explosive growth in Internet and wireless communications. 5. Prudential re-iterated STRONG BUY recommendation. Regards, Ibexx PS: Sorry I could provide the URL as report is proprietary.

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