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Technology Stocks : Intel Corporation (INTC)
INTC 37.28-0.6%Dec 16 3:59 PM EST

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To: semiconeng who wrote (145727)10/19/2001 5:06:22 PM
From: Tony Viola  Read Replies (1) of 186894
 
When I said 250 people isn't a lot, I meant it didn't represent a lot of money to a very big company like Intel. I didn't mean it doesn't hurt a lot to those involved and their families. Of course it does, and I do think it's a shame, hating layoffs as I stated. However, companies can go too far with the layoff benefits, which comes off the bottom line, and can affect the stockholder. This is a business and stockholders have to scrutinize the company in all respects. I'm also wondering what chance folks that were in a division making electronic toys have of fitting into the rest of Intel. Face it, most companies wouldn't go the extra miles Intel is on this matter.

Tony
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