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Technology Stocks : Intel Corporation (INTC)

INTC 36.27

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3:14 PM EST

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To: maui_dude who wrote (146438)	10/31/2001 2:32:44 PM
From: Tony Viola	Read Replies (1) of 186894

Maui, > Good point. I am sure Intel is finding ways to save on packaging too. Combining this with cost cutting due to .13 and 300mm should have resulted in much more than 25% overall savings Intel forecasted. Hopefully they are being conservative. I'm sure you've listened to the webcast by now, but Jonathan Joseph did call in and ask if Intel was being conservative on that 25%. Andy B, said "maybe" or something like that. I thought the 25% was very good, figuring that it included any inflationary factors that normally drive things higher every year. Shows you what I know. Tony

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