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

To: john defreitas who wrote (44172)	1/6/1998 5:43:00 PM
From: Diamond Jim	Respond to of 186894

John, they are building for a future, no company goes up all the time. You say 1/3 comes from the far east, I don't think thats so but am not sure.Its a two way street, look at it the other way, would a well run company spend 5.4 b if they didn't have an end goal, I say no, they would cut all expenses possible and since they are not... jim

To: john defreitas who wrote (44172)	1/6/1998 5:46:00 PM
From: Tony Viola	Respond to of 186894

John, >>Intc spent 4.5bil in 97 and that is 20% of revenues, which is a healthy amount...now they are looking in 98 to spend 5.4 which means they need to increase revenues by 50billion or in a flat year it means they will be spending at least 25% of revenues. where do you see the silver lining here?<< RE the increase of revenues by 50B, you wouldn't be off by a factor or 10 here, would you??? Do the math again. In fact, you were off by the same factor of 10 in another post, as I look back. Hope you don't make similar mistakes in your investing calculations. Tony