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Strategies & Market Trends : Galapagos Islands
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To: Techplayer who wrote (7505)10/16/2002 8:21:11 PM
From: Jorj X Mckie  Read Replies (2) of 57110
 
From AMD's earnings....if NVLS bounces, I am going to bounce it again.

For the entire year, the capital expenditure budget was cut to $750 million from $800 million, which in turn was cut from $840 million at the end of the second quarter. Intel cut its cap-ex budget yesterday as well.

Also, AMD said its capital budget next year will be significantly less than this year's outlay.

marketwatch.com
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