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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Road Walker who wrote (129525)3/8/2001 6:04:22 PM
From: AK2004  Read Replies (2) of 186894
 
John
don't you think that capital exp of ~7.5 sounds a bit fishy in context
Regards
-Albert

-- Expenses (R&D, excluding in-process R&D, plus MG&A) in the first
quarter of 2001 are expected to be down approximately 15 percent
from fourth quarter expenses of $2.4 billion. Expenses are
dependent in part on the level of revenue and profits.

-- R&D spending, excluding in-process R&D, is expected to be
approximately $4.2 billion in 2001, lower than the previous
expectation of $4.3 billion.


-- Capital spending for 2001 is expected to be approximately $7.5
billion.
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