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Politics : Formerly About Applied Materials
AMAT 229.52-2.4%11:24 AM EST
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To: Proud_Infidel who wrote (27664)1/12/1999 4:30:00 PM
From: Justa Werkenstiff  Read Replies (3) of 70976
 
Intel says 1999 Capex to be down from 1998:

** Capital spending for 1999 is expected to be approximately $3.0 billion,
down from $4.0 billion in 1998, which included approximately $475 million
of capital assets acquired from Digital Equipment Corporation. The lower
capital spending for 1999 is primarily a result of reduced investment for new
facilities and improved utilization of manufacturing equipment.
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