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

To: Road Walker who wrote (91754)	11/5/1999 8:10:00 AM
From: GVTucker	Respond to of 186894

John, RE: variable vs fixed costs and labor Please note that I am not an accountant, nor do I play one on TV. I have, however, been forced to learn far more accounting than I would like. It all depends on the inventory valuation method used in the accounting. If a company uses full cost accounting, everything could be considered variable, since all costs are incorporated into inventory. Intel (I think) uses direct costing. Some labor in direct costing would be considered variable--think the guys and gals in bunny suits. Some labor would be considered fixed--think of Andy Bryant's salary.

To: Road Walker who wrote (91754)	11/5/1999 9:34:00 AM
From: greenspirit	Respond to of 186894

John and thread, article...Intel to go on investing in China, says Barrett... November 5, 1999 BEIJING, Reuters [WN] : Intel Corp <INTC.O> will continue put moneyointo China despite Beijing's ban on foreign Internet investments, chief executive officer Craig Barrett said on Thursday. "We will invest appropriately in accordance to the law in China," Barrett told a news conference after meeting Chinese Premier Zhu Rongji. Barrett's comments came shortly after a senior Chinese telecommunications official in San Francisco repeated that China still banned overseas Internet investments. "My impression is, this is a policy still under formulation and we will participate in the dialogue as the government decides exactly what it wants, " Barrett said. Barrett, in Beijing to attend an e-commerce seminar and inaugurate Intel's China Research Centre, said his meeting with Zhu was "very meaningful " and "constructive," but declined to disclose details. "The discussions we will have with the government is the value that foreign venture capitals can bring to the Chinese companies," Barrett said. "There are advantages to foreign investments and I think this is still a topic the government is pondering," he said. China's budding e-trade had much to gain from overseas expertise in terms of money, experience, management, marketing and technological capabilities, he added. "The computer industry here is very vibrant and the Internet industry is very small today but growing very rapidly. And it's going to be significant in the future," Barrett said. Research house International Data Corp's latest figures obtained by Reuters forecast Internet users in China would grow to 33.1 million by 2004, compared with 7.3 million in 2000 and 3.8 million this year. Intel holds minority stakes in about 10 companies in China.