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Politics : Formerly About Applied Materials

AMAT 297.52

-6.6%

Feb 4 3:59 PM EST

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To: Gottfried who wrote (63942)	5/22/2002 8:27:03 PM
From: advocatedevil	Read Replies (1) of 70976

Gottfried, Intel confirmed in their recent earnings release business outlook: "Capital spending for 2002 is expected to be approximately $5.5 billion." ( link: biz.yahoo.com ). I am not aware of any specific guidance from Intel regarding 2003 capex plans. Any "cut" in a 2003 forecast would be based on the analyst's own previous estimate (IMO). AdvocateDevil

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