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Politics : Ask Michael Burke

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To: GuinnessGuy who wrote (23990)10/25/1997 6:10:00 AM
From: Sid Turtlman  Read Replies (1) of 132070
 
Craig: Intel's "clarification" seems more like a verification of the story than a refutation. I didn't see anyone claiming that the delay in putting up the Texas plant was due to weak microprocessor demand. The problem is the profitability of flash, or the lack thereof, which is confirmed by Intel's statement.

Bottom line: "''It means the capacity that Texas represented won't be needed until the future,'' said an Intel spokesman, clarifying previous reports on the plant."

How does this news release change the story any? Will equipment suppliers be getting more business now, due to the clarification?
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