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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Paul Engel who wrote (55790)5/19/1998 12:04:00 PM
From: Tony Viola  Read Replies (1) of 186894
 

Paul, Re: "What are you talking about?

The Merced has a very specific target market(s)."

You beat me to the punch on this one.

Our new expert also said: "When you see the company waking up to the SERIOUS cutbacks
they need to make to get off this 64-bit pie-in-the-sky low volume product they
percieve we all can't live without, "

All Intel has said is that they will have to reduce, by, what 5%, and most of it will be by attrition. In this industry, that's no way a serious cutback. Also, with the industry as hot as it is, especially in Silicon Valley, I'm sure they have a non-zero attrition rate.

Tony
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