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Technology Stocks : Intel Corporation (INTC)
INTC 43.75+0.6%Dec 3 3:59 PM EST

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To: Jim McMannis who wrote (144537)10/1/2001 5:52:14 PM
From: Tenchusatsu  Read Replies (1) of 186894
 
Jim, <Seriously, Barrett was very phophetic about laying off 20k.>

Craig Barrett really isn't the kind of guy who puts double-meanings into his words. The only thing he said was that Intel has fallen back to revenue levels of a few years ago, but the headcount is 20K higher. He never said anything about laying off those 20K heads.

People try to read too much into his words. I suppose you can't blame them, either. After all, Barrett IS the head of the largest semiconductor corporation in the world. You'd think people would hinge off of his words a lot more than, say, some two-bit yapper like Jerry Sanders, no? ;-)

Tenchusatsu

P.S. - To those who think I am in denial, you can believe whatever you want. I won't care.
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