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Technology Stocks : Intel Corporation (INTC)

INTC 43.80

+0.7%

3:39 PM EST

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To: Road Walker who wrote (125079)	1/16/2001 5:49:20 PM
From: Tony Viola	Read Replies (1) of 186894

7.5 million capex necessary for cost savings and GMs down the road. Happy birthday AMAT, Novellus,... Cost reduction program: hiring curtailed and all other discretionary spending being watched. Something about office spending curtailed. Paul O.: extremely happy with P4 ramp. > 1M units this Q. Brookdale chipset 2H01!!!!!SDRAM support!!!! Edit, good words about mobile and Xeon. Xeon based servers now #1 in TPC/C, etc. Itanium production platforms offering several OSs. FP perf. "outstanding." McKinley and follow-on 64 bit chips good progress. Chipsets lower Q4, in like with overall mkt. New biz's met goals of >50% rev. growth. Flash to slow in line with overall mkt. Xscale doing well. Ethernet OK but down Q over Q. 2H strengthening as PC becomes center of new digital world. Q & A Charley Glavine: why so much $$$$$$ for capex Andy: ramping 0.13 in 2H. Also buying new equip for 300 mm. Finally, finishing factories already started. Decrease in office bldgs.

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