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To: dmf who wrote (103089)	5/1/2000 3:16:00 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 186894

DMF, <Would you refresh my memory? When was the FDIV fiasco and when did you first intern for Intel?> FDIV was back in Q4 of 1994. I started as an intern back in September of 1994 and finished up in January 1995 so I could go back to school. Tenchusatsu

To: dmf who wrote (103089)	5/1/2000 7:35:00 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Sure hope sales remain strong: 11:57 AM ET 05/01/00 -Intel wants to expand Israel plant JERUSALEM, May 1 (Reuters) - Israel's Finance Ministry said on Monday Intel Corp seeks to expand its local microchip plant at a cost of $2.5 billion to $3.5 billion, which would represent the largest single foreign investment in Israel to date. Officials of the world's largest computer chip maker met Finance Minister Abraham Shohat on Monday to request government aid in financing the plant expansion, a ministry statement said. Shohat said a government committee would be set up to review the request immediately. "Intel believes (Israel) has proved a successful investment," a spokeswoman for the chipmaker said. "The company is also looking into other places where they already have plants, and will (make the investment) where it is most economically viable," she said. The Globes financial newspaper said in its Monday evening edition that Intel seeks $500 million to $700 million in government financing for the plant. Ministry and company representatives could not immediately confirm the figure. Intel opened a $1.6 billion chip plant last year in the southern town of Kiryat Gat, with some $600 million of that sum funded by the Israeli government. The plant is slated to export $1 billion in 0.18 micron processors annually. The expansion would boost annual exports by $2 billion and would increase Intel's workforce in Israel by 2,000-3,000 people, the ministry statement said. The plant would produce the company's thinner 0.13 micron processor, the spokeswoman said. Intel made its first investment in Israel in 1974. It has since opened manufacturing plants, a design and development centre and a networking facility in the country. The Finance Ministry is also considering a request to aid the $1.5 billion expansion of Tower Semiconductor's microchip plant. Toshiba Corp <6502.T> has expressed interest in investing in the project. ((Michele Gershberg, Jerusalem newsroom, +972-2-537-0502, jerusalem.newsroom@reuters.com))