Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.32

-1.2%

Nov 18 3:59 PM EST

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To: LTK007 who wrote (111215)	9/25/2000 6:53:04 PM
From: Catcher	Read Replies (1) of 186894

~~just quoting Kumar--it's his opinion the intel problem is global,and the problem is NOT intc specific--in the interview i saw,he stressed very strongly,this problem is NOT intel specific,and that it is a far reaching global problem.just passing on Kumar's view--i know zilch:) max given the magnitude of the rev downturn, it simply doesn't make horse sense that the problem can be confined to europe--unless there were ZERO sales there. On the other hand, as another poster pointed out, certainly intc wouldn't deceive. I saw Kumar on cnbc--there was no mistaking his view that this reflects a global downturn. someone is wrong. another view is while unit sales remain strong, intc has had to cut their costs to fit inside sub $1000 pcs. here again, this is not something that can be confined to europe

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