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Technology Stocks : PRI Automation (PRIA)
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To: JZGalt who wrote (383)3/30/1998 9:56:00 AM
From: Beltropolis Boy  Read Replies (1) of 1214
 
>Now that Intel has postponed the facility at Austin, I wonder if the
>market will ignore that also? I'd rather buy PRIA below $25 with a
>fair shot at it breaking below $20 on the _next_ warning.

john.

is the fab you're refering to different than the fort worth delay (fab 16)? if i read the fort worth release right, intel delayed construction to convert it to a 300-mm fab (for 0.13-micron mpu's) scheduled to be operational in 2002. originally, it was scheduled to open in 1999 as a 200-mm. while it does indicate an obvious slow-down, wouldn't this qualify as 'good news' for the 300-mm wafer market?

anyone more knowledgeable on this, please please feel free to clarify or correct me.

thanks,
-chris.
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