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Technology Stocks : Intel Corporation (INTC)
INTC 46.96-2.8%Jan 16 9:30 AM EST
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To: Tenchusatsu who wrote (129983)3/14/2001 5:48:38 PM
From: tejek  Read Replies (1) of 186894
 
Ten,

First Boston was saying today that the $7.5 billion in Intel's capex budget will not be spent entirely this year as first reported by Intel. Its not clear whether its being cut back or there will be spillover into 2002.

Do you know if there is any basis for First Boston's comments? Has Intel said anything to you guys?

ted
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