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To: greenspirit who wrote (84074)	6/22/1999 9:49:00 AM
From: greenspirit	Respond to of 186894

Thread, Article...Intel inaugurates $1.6 bln plant in Israel June 22, 1999 KIRYAT GAT, Israel, Reuters [WN] : Intel Corp's newly inaugurated plant in southern Israel will export $1 billion in microprocessors by the end of 2000, Intel Chief Executive and President Craig Barrett said on Monday. "The easy part is over, the difficult part is starting," Barrett said at the opening ceremony for the Kiryat-Gat based factory known as Fab 18. "We really do want to export $1 billion a year." Intel hopes to begin exporting its 0.18 micron processor, designed to speed up communications over the Internet, in September. The $1.6 billion plant will turn Israel into Intel's largest production centre outside the United States. Intel invested $1 billion in the new plant while the remainder came from the Israeli government. The government's investment is expected to be returned within four to six years. The company, which made its first investment in Israel in 1974, operates manufacturing plants, a design and development centre and a networking facility in Israel. Barrett said he did not know what his next investment in Israel would be but he mentioned potential interest in companies developing Internet commerce technologies. The new factory will employ 1,500 workers and an additional 1,500 subcontractors.

To: greenspirit who wrote (84074)	6/22/1999 11:33:00 AM
From: Amy J	Respond to of 186894

OT OT Hi Michael, RE: "software and technology related. Men seem drawn in greater numbers to these fields than woman" I seem to recall MIT's latest figures indicating extremely improved percentages in the eng graduation class. Getting closer to equal figures. However, women are not well-represented in the following areas: the entrepreneur community (only 5%), MBA (only 29%), nor upper management or BOD, yet. RE: "I wondered as I read it why more woman haven't started up VC companies to address the issue" To be a VC, you generally need to achieve one of the above: - VP at large to mid-size firm, - co-founder/executive of successful startup, or - applicable high-tech experience w/MBA from a good school. To become a partner it used to take 6 or 7 years, now they're shrinking this requirement somewhat due to the boom. A trend I've observed is: once you become partner (or once you have started your own VC firm), then you can raise a family. And when you add up the # of years it takes to become a VC, and then to become a partner, that's getting on the older side with respect to having children. It's a collision in the timing. I think the big issue is women don't quite exactly have the same timeless option to build up their VC careers as men do (who can start families anytime.) Most of the women appear to 'delay' or 'choose.' I know of a woman who is pregnant and is in the middle of launching both her company and her baby - amazingly difficult to do both at once. Most women I've observed appear to delay or choose between these. There's no margin for error. The disparity in the entrepreneur community is quite alarming - I attended a 4 day Hambrecht & Quist conference where the CEOs of many new high-tech companies spoke in half-hour slots on about 4 different tracks. There was only one female speaker I heard: eBay's CEO. That's about 1 / 284*4) = 1 / 256 = .4% [ The industry % of female CEOs is low, but higher than this. ] These statistics tell me a lot of women could be having significant problems with: the collision in timing; our current business structure not adequately addressing this issue (there are some creative things which could be done); and possibly some family systems which are still based upon traditional male/female roles. But the overall statistics are improving and heading in a positive direction. Best, Amy J