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

To: Amy J who wrote (168169)	7/14/2002 10:36:33 AM
From: greg s	Read Replies (1) \| Respond to of 186894

Amy, re: Intel should be very careful with expenses. I've been gone for a few years, but I can almost assure you (based on prior experience) that Intel is controlling expenses VERY tightly right now. I hope this comes through in the conf. call. re: Sad to say, but Intel should probably cut a few thousand people too. I believe this is very likely (both at Intel and AMD). I agree, it is sad but necessary. It's tough for anyone who loses their job, especially in today's job market. If Intel does reduce headcount, I believe we will hear about it very soon. How do you think the market would react, if Intel were to announce such a reduction (a "few" thousand - 10 thousand heads)? TIA, Greg