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

To: Sonny McWilliams who wrote (51570)	3/30/1998 1:51:00 AM
From: greenspirit	Read Replies (2) \| Respond to of 186894

Sonny, are you and Barry having one of those size doesn't matter guy talks?? :-) _____________________________________________________________________ Article... Report/ Intel Delays Texas Plant March 27, 1998 FORT WORTH, TEXAS - The Associated Press: Intel Corp. has halted construction of a $1.3 billion chip plant near Alliance Airport and will delay opening of the new facility for two years, a newspaper report said Thursday. The 530-acre site will lie dormant for the next 12 months, company officials told the Fort Worth Star-Telegram. That will allow the company, stung by slow sales and sagging profits, to reconfigure the plant to produce the new-generation 300-millimeter silicon wafers, Intel spokesman Howard High said Wednesday. Speaking from company headquarters in Santa Clara, Calif., High said that product will replace the 200-millimeter silicon wafer that is now the industry standard and give the plant a 30 percent increase in production efficiency. ''The options were to continue with existing technology or moving on the technology that is two generations in the future,'' High said. ''Intel has decided long ago that we didn't want to go to a new technology and have to retrofit the plant.'' But the company remains committed to the project in which the company has already invested more than $75 million, he said. ______________________________________________________________________ Michael