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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST
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To: Diamond Jim who wrote (44166)1/6/1998 5:34:00 PM
From: john defreitas  Read Replies (2) of 186894
 
james, you need to look at this picture again...intc spent 4.5bil in 97 and that is 20% of revenues, which is a healthy amount...now they are looking in 98 to spend 5.4 which means they need to increase revenues by 50billion or in a flat year it means they will be spending at least 25% of revenues. where do you see the silver lining here?
where is the increase in revenues coming from in 98.
just a thought...regards,john
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