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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

+10.2%

Nov 28 9:30 AM EST

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To: AK2004 who wrote (162331)	3/15/2002 11:03:36 PM
From: wanna_bmw	Read Replies (1) of 186894

albert, Re: "2001 was a terrible year for our industry," said Craig R. Barrett, president and chief executive officer. "Despite this backdrop, we introduced exciting new products, including the industry's first 2.0 GHz processor, gained market segment share, and earned over $1 billion. We also rapidly ramped our industry-leading 0.13-micron process technology and began production on 300mm wafers. "While 2001 was difficult for Intel, I can't imagine changing places with any other company on the planet," Barrett said. "Our 2001 R&D and manufacturing investments position us to grow faster than the industry when the high tech recovery occurs." I don't get it. What did Barrett say wrong here? Intel did all the things he said, and I'm sure they will probably grow faster than the industry average, given their investments over the past year. This is your proof of Barrett's incorrect claims? wbmw

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