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

To: Shoibal Datta who wrote (42695)	2/26/2001 12:39:03 PM
From: Tony Viola	Read Replies (3) \| Respond to of 70976

We have also heard the company has already decided to cut back on its capital spending plan from the previously announced $7.5 billion to somewhere between $5.5-6.5 billion. Intel old-timers, who have the scars of many downturns on their backs, believe the belt tightening was long overdue. You'd think Intel has had a horrible history, instead of being the most successful semiconductor company in history. Here's hoping JJ of SSB ends up like Kurlak did.