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

To: RDR who wrote (63407)8/25/1998 10:14:00 PM
From: TTOSBT  Read Replies (1) | Respond to of 186894
 
Re: "AMAT announced after the close that it will reduce the global workforce by about 15% to address the global downturn in the semi's. I think this will impact INTC tomorrow!!! Any thoughts/comments.'

Not sure how or what will impact INTC tomorrow but the thought that comes to mine is why would AMAT's announcement takes effect over Intel's announcement? They said after yesterday's close the second half is on target to improve.

TTOSBT



To: RDR who wrote (63407)8/26/1998 12:07:00 AM
From: Dale J.  Respond to of 186894
 
AMAT announced after the close that it will reduce the global workforce by about 15 % to address the global downturn in the semi's. I think this will impact INTC tomorrow !!! Any thoughts/comments....

Ripu, I don't think it will have any affect on INTC. AMAT pre-announced last July and the stock was up a couple of weeks later (ie everyone knew AMAT was having trouble). Its a nonevent IMO.

Dale


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