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Technology Stocks : Intel Corporation (INTC)
INTC 39.50-3.1%Dec 11 3:59 PM EST

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To: Dan3 who wrote (128160)2/23/2001 2:50:29 AM
From: Paul Engel  Read Replies (1) of 186894
 
Blow Hard Dan - re: "AMD is implementing a new stock buyback program and announcing record employee bonuses. Intel is canceling raises and laying off "temporary" staff. That isn't just the handwriting on the wall, it's more of a neon sign telling you what each company knows it is facing for the next year"

Hey - Intel is spending 7.5 Billion Dollars on Capital Expansion this year alone !!

That's about 150% of AMD's annual revenue !!

What does that tell you of Intel's perception of future business prospects?

Paul
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