Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Amy J who wrote (111765)	9/29/2000 10:44:21 AM
From: Tony Viola	Read Replies (1) of 186894

Amy, >On the AMD thread, there's a post that talks about how Intel believes next year will be strong. Do you mean this one? So is Intel a buy now? Well, consider this bullish note: Despite its recent stock setback, the company -- at least for now -- is clinging to its $6 billion capital spending plan for next year. ``Intel is not taking the foot off the gas when it comes to capital spending,'' Hutcheson says. ``They're still internally betting on a strong year next year. Now they could be wrong. You can't forecast the future. But my sense is that they're not overly concerned about what's happening in this quarter.'' Message 14478904 Tony

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