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

To: Dan3 who wrote (141111)	8/8/2001 9:41:36 PM
From: wanna_bmw	Respond to of 186894

Dan, Re: "Had, not has - that money's gone now, and recent earnings trends don't indicate the cash will be back anytime soon." Intel has assured the press many times, even recently, that the $7.5 billion in cap ex that you are referring to will all be spent this year. The only amount that is no longer available is that which has already been spent. You and others can assume that Intel flushed the money down the toilet, but the fact is that much of it will be very effective towards long term growth. And there is still more left to spend this year. In Intel's words from their Q2 CC (courtesy, JC-news): jc-news.com "We're well on the way to meeting our 2001 target of 7.5 billion dollars in careful spending. Having deployed just under two thirds of this in the first half. The bulk of these dollars have gone to new technology that enable us to make parts at higher volume with lower overall unit cost and higher performance. It is this sustained investment in technology and the improved performance of our technologies that have made it possible for us to accelerate our product roadmap." Take it for what it's worth. You don't even need to believe a word. But if things do start turning around for Intel later this year and next, don't blame anti-competitive strong-arm tactics or other conspiracy theories. Just realize that sometimes success must be won by investing in one's future, and Intel is doing that right now. wanna_bmw