Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 220.28

-6.4%

Nov 20 3:59 PM EST

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To: Stefan who wrote (30072)	5/11/1999 1:48:00 PM
From: Duker	Read Replies (1) of 70976

INTC cut their cap spending in half from the previous $4 billions Stefan, I was unaware that INTC has changed their CapEx forecast from $3.0bn (with a bias to equipment versus bricks and mortar)to $2.0Bn (one half of $4.0bn)??? [N.B., A $4.0bn that included $475mm for DEC assets ... ] They should update their web site (http://www.intel.com/pressroom/archive/releases/cn041399.htm) ... --Duker

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