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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (25251)	10/13/1998 4:37:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 70976

Ian and All -- From the INTC release: Capital spending for 1998** is now expected to be approximately $4.2 billion. This is less than the previous guidance for the year of $4.5 to $4.7 billion. This change in guidance is primarily as a result of the facilities realignment that the company mentioned in the third quarter pre-release in September and the company's continued efforts to control costs. The current estimate includes the acquisition of the capital assets of Digital Equipment Corporation's semiconductor manufacturing operations.