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

To: Jeff Fox who wrote (94265)	12/18/1999 5:42:00 PM
From: Paul Engel	Respond to of 186894

Jeff - Re: " Intel might have to SPEND MONEY on yet more new plant capacity. I haven't heard this one since the Fort Worth fab announcement. Look for it again from an analyst near you..." GOod one ! That reminds me of the Erica Klauer DOWNGRADE of Intel about 2 years ago - 37 seconds after Intel announced excellent earnings - claiming that future "depreciation" increases would kill further profit because Intel had to build all those factories to deliver all those profits. I think she expected Intel to turn on a water faucet and out would come - magically - Pentium IIs (at that time) requiring no equipment and factories for manufacturing them ! Paul