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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (37362)	9/21/2000 4:40:09 PM
From: willcousa	Read Replies (1) \| Respond to of 70976

$6 Bil sounds right on.

To: w0z who wrote (37362)	9/21/2000 5:02:08 PM
From: w0z	Read Replies (1) \| Respond to of 70976

From INTC's January 13 Press Release at: intel.com Capital spending for 2000 is expected to be approximately $5.0 billion, up from $3.4 billion in 1999. The higher anticipated capital spending is the result primarily of expenditures related to the development of next generation 0.13-micron process technology for both 300 mm and 200 mm, in addition to increased spending on new fab construction and equipment purchases to add 0.18-micron capacity. From their Q2 Earnings Press Release July 18 at: intel.com Capital spending for 2000 is expected to be approximately $6.0 billion. From September 21 Press Release: intel.com ** Capital spending for 2000 is expected to be approximately $6.0 billion. Bottom line: Original FY99 capex budget was $3B (my memory is not gone yet!) Actual FY99 capex budget $3.4B Original FY00 capex budget was $5.0B Revised to $6.0B in July Unchanged September 21 Not that anybody will care tomorrow!