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

To: Amy J who wrote (134381)	5/8/2001 4:39:54 AM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Amy - Re: "No. 1 personal computer maker said it would meet its previous targets for first-quarter sales and earnings." No. 1 personal computer maker sells PCs with only Intel CPUs !! That can't hurt. Paul

To: Amy J who wrote (134381)	5/8/2001 4:17:48 PM
From: Jim McMannis	Respond to of 186894

Amy, A little more California stuff... Message 15767657

To: Amy J who wrote (134381)	5/9/2001 9:11:15 AM
From: Road Walker	Respond to of 186894

Intel: tech investment needs to resume By Janet Haney, CBS.MarketWatch.com Last Update: 5:09 PM ET May 8, 2001 LAS VEGAS (CBS.MW) -- Intel Chief Executive Officer Craig Barrett urged Tuesday that companies in the communications industry follow his firm's lead and keep investing in technologies needed to build out their networks. "While others may be paring back in the current environment, we believe it is in Intel's strategic interest to continue investing in our communications business," said Barrett during his keynote address at the Networld+Interop trade show in Las Vegas. Developing and manufacturing semiconductors for communications applications has been a pillar of the chipmaker's growth strategy for the last several years. Barrett pointed out that Internet infrastructure demands continue to grow, and that sophisticated next-generation networks offering a combination of voice and data capabilities would fuel future growth in the communications industry. An echo of 'Moore's Law' Even against a backdrop of economic uncertainty and in spite of the current slowdown in demand for communications equipment, Intel (INTC: news, msgs, alerts) said it plans to move ahead with investments in its communications business through acquisitions, product development, and direct investment in companies. Additionally, the company plans to earmark approximately 30 percent of this year's research and development budget, or more than $1.25 billion, for projects focused on communications products and technologies. The products and technologies in question include silicon germanium process technology as well as expanding 10 Gigabit Ethernet-based systems into metropolitan networks. Basing semiconductors on silicon germanium holds the promise of significantly faster data transmission speeds than what is currently possible, as does Gigabit Ethernet. "We intend to use our leadership in silicon technology and communications architectures to bring exciting new features, capabilities and opportunities to our communications customers," Barrett told the crowd. Shares of Santa Clara, Calif.-based Intel shares rose 32 cents to $31.48. Janet Haney is a reporter for CBS.MarketWatch.com in San Francisco.