Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (10506)	2/20/2001 2:49:18 PM
From: Boplicity	Respond to of 13572

<<14:06 ET Intel (INTC) 32 15/16 -1 7/16 (-4.2%): Hearing from traders that chip maker announcing plans to shave several hundred million dollars from expenses through reductions in discretionary spending and attrition; reaffirms that qtr will be made or broken in the last 5-6 weeks; at least one firm does not expect these changes to affect its guidance for the qtr.>> Lets hope they don't reduce capex spending. Greg

To: Boplicity who wrote (10506)	2/20/2001 3:43:29 PM
From: slacker711	Read Replies (1) \| Respond to of 13572

Do you happen to now how much capital BT has been able to raise or has on hand to build out the 3G infra in both location? According to the following....BT raised $10B in December. rd.yahoo.com*http://www2.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&dist=yhoo&guid=%7B0A7E998F%2D5096%2D4A06%2DA860%2DC97FF15312D4%7D Nortel was chosen as a supplier for BT's network....they are generally believed to have given the easiest financing terms, so it may be awhile before BT has to pay for anything. nortelnetworks.com I dont think there is anything conclusive available about the state of their network. However, Nortel stated during their warning that 3G revenues were going to slip from 4Q '01 to 1Q '02. In contrast, Nokia seems to be sticking by their guidance that they will begin installing W-CDMA infrastructure during the spring. They have a presentation in which they predict that 100,000 W-CDMA basestations will be produced during '01. I feel fairly confident that networks will be ready to go....the real question is handsets. Just want to be clear....I actually think that BT screwed up during the 3G auctions. They bid on all of the expensive licenses and passed up the cheap ones (Switzerland, Spain and a couple of others). However, I think that even in the case of the expensive auctions that operators will be able to recoup their investments. Slacker