Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Ali Chen who wrote (148433)	11/16/2001 11:21:26 AM
From: maui_dude	Read Replies (1) of 186894

Intel Layoffs ? 9:43AM Intel (INTC) 30.53 -0.25: -- Update -- Hearing from sources at Robertson Stephens that the firm believes INTC is in the process of laying off 8-10% of workforce, which will help lift gross margins and may be a slight positive even though the firm is cautious on the stock overall. Briefing.com notes that the market might view layoffs as an indication that Intel's Q4 uptick in business will not be sustained. finance.yahoo.com

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