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Technology Stocks : Semi Equipment Analysis
SOXX 304.92-0.1%4:00 PM EST

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To: Donald Wennerstrom who wrote (31450)7/13/2006 3:01:59 PM
From: sixty2nds  Read Replies (2) of 95648
 
Isn't this timely with INTC testing gap support and maybe retesting the June bottom. 09:05 INTC Intel: More Restructuring Details Expected Later Today - Amtech (17.88 )

Amtech says they have learned that INTC may be calling a press conference later today to announce the results of the co's 'top to bottom' review. They believe investors are looking for workforce reductions in the range of 10,000 to 15,000, as the co streamlines research and development with a PC-centric focus. They believe the stock will react more favorably to reductions towards the top end of the rumored range.
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