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

To: Gottfried who wrote (16561)	11/14/2005 1:33:13 PM
From: Proud_Infidel	Respond to of 25522

Israel to grant Intel $525 million for wafer fab Peter Clarke EE Times (11/14/2005 12:20 PM EST) LONDON — Israel's government has approved a grant of $525 million to Intel Corp. to help the world’s largest chip maker build a wafer fab in the southern town of Kiryat Gat, the site of an existing chip plant, according to online reports. The decision to support Intel in building a second wafer fab was leaked by Israeli prime minister Ariel Sharon in July 2005, although some confusion remained over the level of subsidy Intel would receive. Intel had been approved to receive $400 million roughly 10 percent of its proposed $4 billion spend but it was reported to have demanded more money. The Ministry of Industry, Trade and Labour said that the $525 million grant represented 12.5 percent of Intel’s proposed $4.2 billion investment in the new plant. Intel is expected to employ 2400 people at the fab and create jobs for another 2000 people indirectly on top of the 3000 people it already employs. The Intel grant was approved because a study by the Industrial Development Bank of Israel found the company’s investment would be worthwhile, according to Globes online report. That report said $3.5 billion of the $4.42 billion investment has been recognized for purposes of a 15 percent state grant.

To: Gottfried who wrote (16561)	11/14/2005 9:57:32 PM
From: Proud_Infidel	Respond to of 25522

UPDATE 1-Soros reverses course, buys technology stocks Mon Nov 14, 2005 07:22 PM ET (Adds details) WASHINGTON, Nov 14 (Reuters) - An investment fund controlled by billionaire George Soros increased the size of its quarterly portfolio disclosure 44 percent on Monday showing previously undisclosed positions in Intel Corp. (INTC.O: Quote, Profile, Research) Amazon.com Inc. (AMZN.O: Quote, Profile, Research) and eBay Inc. (EBAY.O: Quote, Profile, Research) and an increased stake in Microsoft Corp. (MSFT.O: Quote, Profile, Research) as of Sept. 30. After decreasing its disclosed long positions to $1.8 billion from $2.3 billion between March 31 and June 30, Soros Fund Management LLC appears to have gone shopping, now disclosing long positions totaling $2.6 billion, according to the fund's filings with the U.S. Securities and Exchange Commission. The filing shows that as of Sept. 30 the fund held 292,500 shares of Amazon, 647,000 shares of eBay and 1.07 million shares of Intel. The fund increased its stake in Microsoft to 1.8 million shares of Microsoft as of Sept. 30 from 790,000 shares as of June 30. Investors with portfolios worth more than $100 million are required to file a quarterly form, called a 13-F, with the U.S. Securities and Exchange Commission revealing certain positions held as of the end of the quarter. Filers have a 45-day grace period after the end of the quarter to file with regulators. The quarterly disclosures include long positions, or bets that securities will increase in value and omits short positions, or bets that securities will decrease in value. The rules guiding the disclosures also allow filers to petition the commission for confidentiality for certain transactions. yahoo.reuters.com