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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 11 4:00 PM EST

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To: Johnny Canuck who wrote (35112)	11/12/2001 4:29:30 PM
From: Johnny Canuck	Read Replies (1) of 67846

4. To Cap Ex Or Not To Cap Ex How do Intels and AMDs spending plans for 2002 shape up? Intel Corp. has told investors that it is rapidly moving to 0.13-micron process technology and 300mm production after spending $7.5 billion in upgrading its fabs during 2001, despite the horrendous industry downturn. Latest estimates from Intel peg the company's 2002 spending plan at $6.75 billion, but James Covello, capital equipment analyst for Goldman, Sachs and Co. in New York, said he suspects Intel may decide next year to drop that figure to around $5.5 billion. For more... article.electronicnews.com

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