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Technology Stocks : Intel Corporation (INTC)
INTC 34.44+2.4%1:58 PM EST

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To: P.T.Burnem who wrote (44167)1/6/1998 5:27:00 PM
From: john defreitas  Read Replies (1) of 186894
 
p.t. burnem, good to see the negative to this rise in capital expenditures.....if you read the item, it says they gasped at the number and i don't think it was a positive gasp....for 97 expenditures are running 20% of revenues, so to keep this in line intc needs to increase revenures in 98 by 50billlion....imo i don't think this is going to happen.....where is the increase in revenues coming from in 98.
asia alone accounts for 1/3 of revenues, aisa is dead money for 1998. they are going to be concened about keeping their head above water, forget investing monies in upgrades and new equipment
regards,john
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