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To: Joe NYC who wrote (84894)	7/15/2002 7:50:37 PM
From: Pravin Kamdar	Read Replies (5) \| Respond to of 275872

Joe, In addition, firm hears that CEO Craig Barrett plans to address INTC employees immediately following the analyst conference call on Tuesday, although the reason for the meeting is unknown. My guess is 10,000 layoffs. Pravin.

To: Joe NYC who wrote (84894)	7/16/2002 6:52:42 AM
From: andreas_wonisch	Read Replies (1) \| Respond to of 275872

Joe, Re: In addition, firm hears that CEO Craig Barrett plans to address INTC employees immediately following the analyst conference call on Tuesday According to Semiconeng from the Intel thread Barrett did address the employees regularly after the CC's for the last two years or so. So I am not sure if that can be considered ad bad news, most likely it's business as usual. (although Barrett did also suggest a year ago that if revenue didn't improve headcounts had to come down) Andreas