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Technology Stocks : Intel Corporation (INTC)

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12:41 PM EST

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To: Tony Viola who wrote (56554)	6/2/1998 1:16:00 AM
From: Sonny McWilliams	Read Replies (1) of 186894

Tony. Re: Merced delay. I heard that Intel wants to get more involved in the low end production and therefore pulled about 600 engineers away from the Merced production. I am not sure if this makes sense. Why would Intel lay off people? Why not lay off less and use them to work on low end production. So that talk is probably just that, talk. What do you think? Have you heard anything like this? My daughter informed me that Wash.State is up in arms over the closure of Intel's facility. Sonny

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