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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (3775)	10/27/2002 7:00:07 PM
From: Fred Levine	Respond to of 25522

From the Moscow Times (which also has interesting articles about the hostage tragedy)-- . Saturday, Oct. 26, 2002. Page 6 .. Intel Eyes Russia MOSCOW (MT) -- U.S. chip maker Intel plans to set up production at a number of Russian plants, Interfax reported Friday. The news agency reported Intel's Russian division head, Steve Chase, as saying at a meeting with Nizhny Novgorod region First Deputy Governor Yury Sentyurin that the company plans to accumulate shares in Russian enterprises with the appropriate technical capabilities. The enterprises are yet to be selected, but Intel usually acquires a 5 percent to 15 percent stake in a partner firm and spends $5 million setting up a production line, he said. Intel opened its own software development lab in Nizhny Novgorod in 2000. It also has a lab in the Nizhny Novgorod region town of Sarov. fred