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Technology Stocks : Intel Corporation (INTC)

INTC 36.08

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3:59 PM EST

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To: Narotham Reddy who wrote (37569)	10/24/1997 10:01:00 PM
From: Jeff Fox	Read Replies (1) of 186894

Narotham, re: "The plant in Israel ... will now make logic and micrprocessor chips. " This confirms my original reading of this news. Processor fab capacity is being accelerated. Flash is out a new fab and will make due with increased yields at existing fabs. No mention of "dual use"; not surprising as the microprocessor fab people are flash fab people are organized as somewhat separate organizations. Let's see, this little news blunder knocked two bucks off Intel, ten percent off AMAT, and I don't know how much off the sector! Sure would like to have my part of it back! Jeff

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