Stock Attack II - A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (504)	2/20/2001 2:46:33 PM
From: flatsville	Read Replies (1) of 52237

Intel spooked 'em. Tuesday, February 20, 2001 INTC to cut costs -- WSJ --2:36 pm - By Chris Kraeuter Intel (INTC: news, msgs) is instituting a cost-cutting program, which will include cutting discretionary spending by 30 percent, according to the Wall Street Journal. The report adds that Intel is not planning lay-offs, but plans to cut its overall headcount through attrition. Company representatives could not be immediately reached for comment by CBS.MarketWatch. New hires will be limited to critical positions, reported the Journal, while raises for senior managers will be deferred. The stock is trading down $2.19 at $32.19. A spike in the shares to around $33.25 after the Journal reported the news was short lived.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next