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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%Nov 24 3:59 PM EST
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To: Steve Porter who wrote (60099)7/14/1998 4:43:00 PM
From: P.T.Burnem  Read Replies (2) of 186894
 
Capital spending for 1998 is now expected to be approximately $4.5
to $4.7 billion, flat to slightly up from $4.5 billion in 1997, but down from the previous guidance for the year of approximately $5.0 billion.

Semi equipment stocks should take a hit.
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