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Pastimes : NNBM - SI Branch -- Ignore unavailable to you. Want to Upgrade?

To: altair19 who wrote (56351)	11/8/2006 9:32:19 PM
From: Mannie	Respond to of 104197

Imagine watching your house float away! On the Cowlitz river, some of the houses that got wiped out weren't even all that close to the river..the river changed course.

To: altair19 who wrote (56351)	11/8/2006 11:49:37 PM
From: SiouxPal	Respond to of 104197

Me too. I'm betting cash on Rosie's picks.

To: altair19 who wrote (56351)	11/9/2006 12:00:25 AM
From: Mannie	Read Replies (1) \| Respond to of 104197

Wednesday, November 8, 2006 Intel gets OK to invest $1 billion in Vietnam By TRAN VAN MINH THE ASSOCIATED PRESS HANOI, Vietnam -- Intel Corp., the world's largest chip maker, has received permission to increase its initial investment in Vietnam from $300 million to up to $1 billion, a Vietnamese official said Tuesday. Intel is constructing a $300 million chip assembly and testing plant in Ho Chi Minh City. Its original license, granted in February, allowed the company to invest up to $605 million. The government has since approved an amended license allowing Intel to invest up to $1 billion and increase its production capacity, said Nguyen Anh Tuan, director of the Information Technology Industry at the Ministry of Telematics. The deal is considered a significant step forward in Vietnam's campaign to attract foreign investors. It is already the largest single U.S. investment in the country since the Vietnam War ended in 1975. Intel has scheduled an announcement for Friday in Ho Chi Minh City, but would not disclose its specific plans. Tuesday's development came on the same day that the World Trade Organization formally invited Vietnam to become the Geneva-based commerce body's 150th member. It also comes just days before Vietnam hosts the Asia-Pacific Economic Cooperation forum, which will draw heads of state and business executives from around the globe. Construction of the plant, which will employ 1,200 people, is expected to be finished in 2007. It will be Vietnam's first semiconductor facility, and Intel's sixth testing facility in Asia. In 2005, computer and electronic equipment exports from Vietnam rose 34 percent to $1.44 billion, while imports of computers and electronics rose 26.3 percent to $1.7 billion. Dean McCarron, an industry analyst at Mercury Research, said Santa Clara, Calif.-based Intel likely would spend the extra capital on upgrading the current facility, but also could earmark it for land acquisitions or infrastructure improvements in the surrounding area. Few other semiconductor companies have the resources to invest as heavily as Intel in foreign markets, McCarron said. "It shows that Intel has a pretty dedicated level of investment going on, even in the midst of their cost-cutting measures," McCarron said. "They're still willing to invest in their future, and that's something that's pretty much a trademark of Intel." The company has slashed staffing levels and cut costs to cope with slumping profits and market-share losses to its archrival, Advanced Micro Devices Inc. Intel announced a massive restructuring earlier this year that called for the elimination of 10,500 jobs -- about 10 percent of its work force -- through layoffs, attrition and the sale of underperforming business groups.

To: altair19 who wrote (56351)	11/9/2006 9:29:43 PM
From: abuelita	Read Replies (3) \| Respond to of 104197

a19- ennie, meenie, minee mo picks for week ten. baltimore over tennessee indy over buffalo atlanta over cleveland green bay over minnesota jacksonville over houston kansas city over miami new orleans over pittsburgh new england over ny jets cincinnati over san diego detroit over san francisco (sorry jpeg, im not a believer) philadelphia over washington denver over oakland dallas over arizona seattle over st. louis sunday nite: bears over giants monday nite: tampa bay over carolina - 31 -r1