Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.94

-5.1%

3:59 PM EST

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To: Tony Viola who wrote (121066)	12/7/2000 12:06:12 PM
From: The Duke of URL©	Read Replies (2) of 186894

Tony, cuts in admin are dwarfed by the cost of plant expansion. I am no dude in this area but I think in the last year and a half, the company has moved its expenditure in this category from about 3.5-5B a year to what seems to be 6-8B a year. I think there are about 6 new plants planned in addition to the "used" plants they picked up from DEC and was is fujitsu(??). That is the real evidence of Intel's opinion of future sales. They are VERY conservative in this commitment category. And of course, you are correct in that this is not a short term indicator. I apologize for my inexactitudness.

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