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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (11948)7/17/2001 6:10:57 PM
From: Paul Shread  Respond to of 52237
 
Naturally, INTC pulled back after I published that.

Intel (INTC) 29.90 +0.77: -- Update -- On call, mgmt says company has spent nearly $5 bln of its full year cap-ex budget of $7.5 bln. Briefing.com sees this as good and bad. Good: We'll probably stop hearing about that number getting reduced as they have already spent two-thirds of it, so it's safe. Bad: Because they have spent so much of it already, the booking of revenue by the chip equipment companies has largely been done....stock at 29.46.