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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (8905)	10/22/2000 10:16:41 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 10921

Zeev, Do you really think that INTC is incompetent and will lose a work team for failing to pay in time? Although I have a great amount of respect for INTC, they have made some huge gaffes over the course of the past several months. As for INTC losing labor, anything is possible, especially since skilled labor is difficult to come by in many areas of the country. Not to mention the fact that I do not believe INTC will pay any price to get the project completed. They have gross margins they promised shareholders in the 60's; by taking on projects w/o regard to these promises, they run the risk of missing and falling further out of grace on WS. I think, and believe that Barrett thinks, that INTC shareholders have gone through enough in the past year. BTW, I am saying this merely as my best guess using current data, which is not plentiful at the moment. I am sure we will hear more in the days ahead. BK

To: Zeev Hed who wrote (8905)	10/22/2000 11:30:56 PM
From: Ian@SI	Read Replies (1) \| Respond to of 10921

Zeev, Usually your bearishness is based upon your interpretation of some observable and verifiable fact(s). In the case of the INTC fab, it strikes me as the most outlandish and improbable speculation. Fabs are expensive. Companies traditionally try to cut out any costs they can. Whichever country is the most willing to forgive the largest amount of taxes for the longest time tends to have a leg up. Without looking into the INTC - Israel fab, I'd speculate that any delay is probably negotiation over taxes rather than anything nefarious. With INTC's $6B Capex, I'd also suspect that they can redirect equipment to whereever conditions are more ideal. So if Texas workers want to play hardball, they're likely to discover that INTC holds all the balls, and makes all the rules. There are numerous explanations for a delay in a single fab which don't require one to suspect that INTC has deliberately lied to the analyst and investment community about its inventory status. Your explanation is based upon your unsupported conjecture; requires fraudulent behaviour; and it's just not plausible in this instance. IMHO. Ian