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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Lucinos who wrote (88492)	9/20/1999 5:33:00 PM
From: Tony Viola	Respond to of 186894

Lucinos, I heard that most of the fabs in Taiwan are shutting down by the earthquake at this moment due to the nationwide power outage on the island (although the fabs were apparently not damaged by the 7.6 earthquake according to the news). As I can understand most of the fabless companies (XLNX ALTR) went down a lot and MU went up significantly in the last hour of trading today (right after the earthquake), but I do not know the reason why INTC was also knocked down by one dollar at the same time after the earthquake. Are they related ? Re Intel, my guess would be that it went down just because it's high tech, and Taiwan is know for a lot of that. Sympathy type of thing. Is there a Silicon based nickname for Taipei, like Silicon gulch for Austin TX and Silicon Alley for NYC? Re the fabless companies, how many sellers knew they were that when they dumped. The earthquake hit about 90 miles south of Taipei. Where are the semiconductor fabs located? The 1989 earthquake here was epicentered just 20 miles or so south of the heart of silicon valley. I don't remember much disruption in business, but, OTOH, I wasn't following semis much then. Anyone remember? Tony