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Technology Stocks : Intel Corporation (INTC)
INTC 34.10+1.4%12:22 PM EST
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To: Jim McMannis who wrote (107235)8/9/2000 5:04:13 PM
From: Paul Engel  Read Replies (1) of 186894
 
Jim - Re: "Why Can't Intel Meet Demand? "

Thanks for the article.

That article misses a point - Intel STOPPED FAB 16 in its tracks in late 1997 - when the Far East financial crisis hit - and didn't start another new fab until year 2000 (Fab 18 was already under construction).

The net result is the same - Intel is between a rock and a hard place with the risk of adding new manufacturing capacity when, down the road, that capacity may become a burden rather than a necessity.

1. You can't win on Wall Street - you can only beak even.

2. You can only break even at Absolute Zero.

3. You can't reach Absolute Zero.
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