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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (143932)	1/15/2002 4:29:00 PM
From: patron_anejo_por_favor	Read Replies (2) of 436258

HO HO HO! Check out INTC's cap ex projections: Capital spending for 2002 is expected to be approximately $5.5 billion, versus $7.3 billion in 2001. In 2001, Intel made significant investments in 0.13-micron capacity and also began the initial build-out of its 300mm capacity, enabling the company to aggressively ramp both technologies in 2002. Intel's 300mm technology delivers more than double the die output per wafer, allowing the company to grow capacity with greater capital efficiency and lower manufacturing costs over the next few years. Their gonna CRUSH AMAT, KLAC and NVLS! Revenue projections for Q1 are lighter than most were predicting: Revenue in the first quarter is expected to be between $6.4 billion and $7.0 billion. biz.yahoo.com Poor visibility, declining margins...this is a growth company? My arse it is...INTC needs some major league, multiple contracting tough love, I'd say...<NG>

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