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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: carl a. mehr who wrote (131820)	4/6/2001 4:00:37 PM
From: semiconeng	Respond to of 186894

From personal knowledge I must say the following: His heirs (meaning family) will very likely get pitifully little of his fortune. His interest lies in doing 'good' for mankind. I have a feeling that you're right: "The founder of Intel and his wife have created the GORDON E. & BETTY I. MOORE FOUNDATION and plan to donate $5 billion in Intel stock over the next two years, making the foundation one of the 10 largest in the U.S. The Moores plan eventually to give most of their $26 billion fortune to the foundation. Grantmaking will focus on higher education, scientific research and environmental conservation." capitalresearch.org Semi

To: carl a. mehr who wrote (131820)	4/6/2001 4:06:57 PM
From: ColtonGang	Read Replies (1) \| Respond to of 186894

Dan Niles, an analyst at Lehman Brothers, was the most bearish on the chip industry at the FSA event, saying that the chip market may be weak for a couple of years. He says chipmakers shouldn't have been so surprised by the rapid deterioration of the market. "The signs were there -- with the dot-bombs, the weakness in the PC market in October -- but a lot of the communications chip makers ignored it," Mr. Niles said. "Now the PC industry has worked off a lot of its inventory, but the communications companies still have a lot. This is going to be painful and last a while." Mr. Niles said the market is suffering from multiple blows, with rolling recessions possible as weakness in the United States and Japan spreads to Europe and Asia. All told, he estimates the market crashes to have wiped out $10 trillion in paper wealth worldwide, about 30 percent of worldwide gross domestic product, making consumers everywhere feel as if they don't have any money to spend. In the 1996 chip downturn, the PC market was weak but communications was strong. By contrast, the PC market is now weak, wireless communications is weaker, and wired communications is worst of all, he says. In the second half, Mr. Niles expects much weaker pricing across the board as chipmakers try to stimulate demand to fill excess capacity in their factories.

To: carl a. mehr who wrote (131820)	4/6/2001 4:53:14 PM
From: Joseph Pareti	Respond to of 186894

carl, forget it, some folks just want to believe that the only honest tax refund comes from bush&cheney

To: carl a. mehr who wrote (131820)	4/6/2001 5:01:28 PM
From: deibutfeif	Respond to of 186894

carl, re:...will very likely get pitifully little... I bet I would be quite happy with that pitifully little, whatever it is. <ggg> ~dbf

To: carl a. mehr who wrote (131820)	4/7/2001 11:43:02 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

RE:"I resent the last half of that remark:...some other tax dodge. From personal knowledge I must say the following: His heirs (meaning family) will very likely get pitifully little of his fortune. His interest lies in doing 'good' for mankind. Mr. Gordon Moore is a very fine gentleman, with only the highest motives for giving back to the world the abundance he reaped by working long hard hours. We can all take lessons from him in that regard. Jim, go stand in the corner and repeat 50 times: "I will never use the word tax dodge on something that I know nothing about!" Louder! Repeat it again: LOUDER!...piously humble carl -----Sure Carl. Most of these "foundations" have a TAX DODGE included. Any other questions? If there was not a tax dodge, then a whole lot less of them would be set up. Of course this is a big industry. Lawyers, trustees, bank trust departments, etc. all get a fee... As far as Mr. Moores intentions. I'll leave that up to Mr. Moore. RE:"From personal knowledge I must say the following: His heirs (meaning family) will very likely get pitifully little of his fortune. His interest lies in doing 'good' for mankind. " You know it Carl. Without a "foundation" the IRS would get over 55% of Mr. Moores assets on death. So what can you do? Set up a foundation. Of course there has to be a charity involved. Jim