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

To: Dan3 who wrote (171250)	9/26/2002 11:54:31 AM
From: NITT	Respond to of 186894

re"But they sure did cut back, didn't they?" Yes Dan, that's what I acknowledged in my last response to you. I was pointing out your untruth about Intel stopping investment in R&D and Capital in '97. Fact is in '97, Intel looked to have more then enough capacity in '98-00 to meet the most aggressive unit forecasts even with their reduced capex in '98-99. Intel probably had a forecast well above the analysts and they still undershot what really happened. At the same time, your favorite company has managed to spend a bunch of borrowed cash, get a couple of quarters in the black only to fall back into a sea of red again. It looks like the worst may be behind for Intel in this cycle, and they still managed to keep things in the black.