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To: NOW who wrote (95454)	4/17/2001 6:34:57 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Hmm, looks like INTC CFO's backpedaling a bit on the conference call: 6:08pm 04/17/01[INTC] INTEL EXEC: "Q1 WAS A TOUGH QUARTER" 6:07pm 04/17/01[INTC] INTEL CFO SEES MORE MICROPROCESSOR STRENGTH IN 2ND HALF 6:05pm 04/17/01[INTC] INTEL CFO: SALARY INCREASES DEFERRED FOR SENIOR WORKERS 6:03pm 04/17/01[INTC] INTEL CFO SAYS HIRING "ESSENTIALLY BEEN FROZEN" 6:01pm 04/17/01[INTC] INTEL CFO SAYS "BUSINESS REMAINS DIFFICULT TO PREDICT" This looks like the same stuff we've seen up untill now: current results suck, guidance (in terms of actual rev/eps targets) suck, but we'll say something hopeful about the second-half to keep 'em lathered up and throwing the dice. Oh, and we're not hiring and business remains difficult to predict, but"we see more microprocessor strength". I call bull$hit on that turn of the phrase.... As far as the salary increase deferral goes, I'll be REALLY impressed when they announce that options grants will be suspended. THAT would make a statement... Edit: never mind all that. As Andrew and the new guy said, it''l be bought till the cash runs out.