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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST
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To: Tony Viola who wrote (155574)1/15/2002 9:00:49 PM
From: Paul Engel  Read Replies (2) of 186894
 
Tony - Re: ", the fools don't understand that Intel's huge capex last year could not, should not, be repeated this year. They seem to be thinking that for growth for Intel to continue, or really kick in, capex has to go up every year."

These are the SAME FOOLS that predicted Intel HAD TO DROP their CAP EX in 2001 from 7.5 Billion Dollars - every damn quarter the ANALysts predicted Intel would back off on their $7/5 Billion Cap Ex last year - and every quarter, Intel stuck to their guns.

And now......?

Paul
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