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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (58859)1/15/2002 6:56:57 PM
From: FR1  Read Replies (2) | Respond to of 70976
 
I heard that capex was predicted by analysts as being 5.5B some weeks ago but many of the analyst then ran the figure up in the home stretch so we have a letdown today.

CNBC says that INTC accounts for 15-20% of the revenue that AMAT and others in this sector get. So I guess the perception of a decrease in capex by INTC causes the panic drop in share price.