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

To: Gary Ng who wrote (40584)12/7/2000 5:13:56 PM
From: Tony Viola  Read Replies (1) | Respond to of 70976
 
Gary, as an Intel stockholder also, as you are, I know, I hope Intel knows what they are doing raising capex for next year.

Tony



To: Gary Ng who wrote (40584)12/7/2000 7:10:13 PM
From: Tony Viola  Read Replies (1) | Respond to of 70976
 
Gary, all, what Andy Bryant, CFO of Intel said in the CC was that the increase to 6.5 B in capex, from 6.0, was for this year, 2000, not 2001. He said the reason was that some equip vendors could now deliver, in 2000, pieces that had been quoted for 2001. So, Intel will take delivery and spend the additional 500 million this year, rather than next. That's a glass half empty - half full one for you.

Tony


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