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Technology Stocks : Intel Corporation (INTC)
INTC 45.07-17.0%Jan 23 9:30 AM EST

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To: Tony Viola who wrote (134363)5/8/2001 1:28:55 AM
From: The Duke of URL©  Read Replies (2) of 186894
 
from RB:

By: avatar99 $$$$
Reply To: 25803 by madretired $$$ Tuesday, 8 May 2001 at 1:19 AM EDT
Post # of 25814

Here's Bryant's main points, courtesy NetCog

netcog.com

Andy Bryant, CFO of Intel

The Internet is continuing to grow and INTC is selling into this infrastructure, says Bryant

INTC is also buying companies to fill in technology gaps

It's easier to get returns on investments with prices depressed right now

INTC has plenty of cash to pursue acquisitions aggressively now that stock cannot be used as M&A currency

Microprocessors have shown something of a rebound, as distribution channels almost hit a record in the 1Q

The communications area has a higher inventory to work through

INTC has been cutting costs aggressively and has plenty of cash

As far as listing on the NYSE, INTC is not looking to do anything "cosmic
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