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

To: Amy J who wrote (176461)	1/10/2004 11:46:15 AM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

A law was made a distant moon ago here July and August cannot be too hot And there's a legal limit to the snow here In Camelot The winter is forbidden 'till December And exits March the second on the dot By order summer lingers through September In Camelot

To: Amy J who wrote (176461)	1/10/2004 1:44:39 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 186894

re job losses: 1,000 was borderline. 1000 was borderline?! The border to oblivion you mean! That jobs report was horrible. And they revised last month's anemic 50K job growth down to 46K too, just to add insult to injury. I think its completely fine for HP and Intel to try to dominate asia. Why not? Somebody has to do it. What I don't like is the fact that they are decimating R&D here to do it, and for no reason. They should grow here, and there, with each division serving the respective markets. The cost angle is a bit of a smokescreen. I agree that initially it looked like costs would be preferable with asian engineering, but I no longer believe it. Or, any cost savings are minor vs. what you lose with a green team. Carly has an additional objective of pulling the US market offshore to get at Dell. BTW I have a theory. I think the current congress (or Bush admin) called this meeting with Barrett and Fiorina, because they finally figured out that offshoring led by tech is going to kill the recovery, and they are worried about elections. But my guess is technology does nothing to stem this tide, because they wanted more from this administration with the tax cuts etc. Bush said "tech was not a priority" early on in his term, and the budget went entirely to old industries like cotton bras. which Barrett and Fiorina said were just a starting point for discussion with policy-makers. Barrett, who chairs the group, estimated the cost to be in the billions of dollars -- although less than the approximately $30 billion the federal government currently spends on agriculture subsidies, which he criticized as an investment ``in the industries of the 19th century.'' siliconvalley.com