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.

Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Craig Freeman who wrote (19544)	3/10/2001 8:13:24 AM
From: Zeev Hed	Read Replies (4) \| Respond to of 60323

I would have preferred it if INTC announced here and now that they are cutting .75 to $1 B of their capex, that would have cleaned the "slate", now the market may be waiting for the second shoe to fall. How are you going to reduce your headcount by 5000 people if you are in the process of building and ramping up new wafer fabs? What will they do with that capacity, let it stand empty like Lehi for years to come? IMHO, they either do not cut (and even expand) head count, or they do not deploy all that capex this year. Since I expect them to cut the head count and maintain their hiring freeze, there is simply now way they are going to spend all that capex. Zeev