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

To: tcmay who wrote (163399)	4/3/2002 12:52:06 PM
From: Dan3	Read Replies (1) \| Respond to of 186894

Re: Will Intel be affected by escalating war in Israel? A chip FAB or development center is several orders of magnitude easier to protect than a restaurant or theatre. I don't think Intel's facilities will be affected.

To: tcmay who wrote (163399)	4/3/2002 1:50:03 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 186894

Tim, I too am worried about how the suicide bombings are affecting operations in Israel. However, I don't know how Intel is dealing with it. I guess employees outside of Israel are meant to be kept "out of the loop" with regard to this situation. By the way, I've sent an e-mail to Haim Barad, an Intel engineer in Haifa who used to post here occasionally. I hope he, his family, and his friends and coworkers are safe. Tenchusatsu

To: tcmay who wrote (163399)	4/4/2002 7:21:17 AM
From: Amy J	Respond to of 186894

Tim, RE: "having some effect on productivity or morale" Of course people would be worried. The crisis has quickly escalated. Though work provides for some, a safe place for the mind to focus on, rather than worries of war. RE: "...or travel into and out of" I think most US firms immediately restricted travel some time ago actually. RE: "I can't function. I'm returning to America." Folks don't want to depart their homes, especially when you consider this in the framework of how they never had a country until 1948 (?), they have a right to their home, and a right to live there. But having said that, regarding potential impact to stock, I think the biggest risk to the stock would be Banias, so I personally think there should be an immediate consideration to move the entire Banias team and families to the USA asap. Even for our startup, I have thought through emergency evacuation procedures as long as a year ago for our international site if there ever is any crisis. Employees and families keep their visas current so they can depart to the USA on short notice. Our international team and their families would already have been on a plane to the USA by this past Tuesday if our international site was located in the Middle East (which it is not), anything less would not have been fiducially responsible for a startup where each team member has a statistically larger impact on the stock than any large company. Looking at glimpses of past history in the Middle East (from the news), it appears the UN has deployed cease-fire troops approximately 5 to 9 days after the start of an incursion, so that would be approximately Friday. The EN said they are sending a delegation on Thursday. It is reported in the news, the Arab-League meets on Saturday where 22 countries will be determining their response. I seem to recall that Iraq made an attack on a country just a day before a similar type of meeting, which suprised everyone because there was an expectation they would wait until after the meeting, after political routes were taken. (I doubt Iraq directly attacks Israel because Iraq seems to do so indirectly through arms to Palestines, though with the infrastructure destroyed, their venue is destroyed and it's hard to predict what their response would be to this turn.) Things could escalate into something worse. Now that there has been a huge amount of destruction to make peace a more desirable option, it is possible both countries might become motivated to solve these issues through peace. However, based upon international news reports where Beirut police had to shoot tear gas onto protesters in Beirut and even the police in France are apparently having some difficulties with some of their people, the news report suggested the leaders of the Arab countries are beginning to lose their ability to control, and were pleading with Bush to intervene so they aren't forced to take action due to public pressure in their country. UN or US intervention would be safer than an attack by one of their neighboring countries. I think Intel should move teams out of there to safety. Regards, Amy J