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


To: robert b furman who wrote (178483)7/1/2004 8:29:14 AM
From: Proud_Infidel  Read Replies (2) | Respond to of 186894
 
Absurdity is alive and well!

The current version of the defense authorization act would lower that limit to systems deemed "militarily critical" by the Department of Defense. That level is currently set to the equivalent of a computer using a Pentium 3 processor running at 650MHz, state of the art in 1999 but considered feeble today.


news.com.com



To: robert b furman who wrote (178483)7/1/2004 2:50:31 PM
From: Amy J  Read Replies (1) | Respond to of 186894
 
Robert, "Intel came under pressure after a Dow Jones report said Morgan Stanley analyst Mark Edelstone said the mid-point of the chip maker's third-quarter revenue outlook could be lower than estimates. Edelstone's office declined to comment."

"GM took a hit after it said its U.S. sales fell an unexpectedly sharp 15.6 percent in June"

biz.yahoo.com

"In the face of high fuel prices, the company's more fuel-efficient vehicles saw better sales"
money.cnn.com

Are gas prices negatively impacting consumer spending? In the year 2000, there was a long delay between when gas prices increased and when consumers slowed their rate of spending on PCs, etc. Will something similar happening?

OTOH things still seems much stronger than they were.

"U.S. manufacturing softened a touch in June but remained at solid levels"

But this doesn't exactly sound very cheerful: "Market starts 3Q on decidedly sour note amid downgrades, profit warnings, weak economic news."
money.cnn.com

Regards,
Amy J



To: robert b furman who wrote (178483)7/1/2004 3:22:52 PM
From: brushwud  Respond to of 186894
 
Your example is not completely possible...

My employees get 50 cents on the dollar that they defer into their retirement account up to a 4% cap of their payroll.

Additionally our dealership makes annual contributions to all employees based on our profitability...

U.S. tax law requires that the funding cannot be skewed to just a few high paid employees.


Sorry, my wording was poor. What I was trying to say was that the rules exist in order that my sweatshop example would not be possible.

And that matching employee contributions and/or unilateral employer contributions such as yours & Intel's tend to spread the benefits around enough so that those plans pass the test.

When I worked for the guy who wanted all compensation to be based on merit (no employer match) about $2000 of my 401(k) contributions were kicked back in January, which screwed up my tax planning. But he was highly successful in growing the business.