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

To: Gottfried who wrote (41522)	1/16/2001 4:33:42 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 70976

More evidence that the bottom is in: a terrible intc report, with guidance down 15%, and amat and nvls are going nuts anyway. I don't see the nvls report yet.

To: Gottfried who wrote (41522)	1/16/2001 4:36:08 PM
From: Tony Viola	Read Replies (2) \| Respond to of 70976

Gottfried, looks like Itel is going to try to singlehandedly fund the cap equips this year: Capital spending for 2001 is expected to be approximately $7.5 billion, up from $6.7 billion in 2000.** Despite near term uncertainty, the company will use its financial strength to invest for the future in key areas such as 0.13-micron process technology which will enable the company to produce new and more powerful microprocessors beginning later this year, and 300 mm process technology which is expected to lead to microprocessor unit cost reductions of approximately 30 percent in 2002 and beyond. Either that or they're out of their freakin' minds. 0.13 micron and 300 mm I guess. Tony