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Monday, 10/07/2002 3:02:05 AM

Monday, October 07, 2002 3:02:05 AM

Post# of 78729
Could this be good news for NVEI?
"Reuters Company News
Intel's Barrett sees sector crisis ending in 2003
Sunday October 6, 9:22 am ET


SEVILLE, Spain, Oct 6 (Reuters) - Chief Executive Craig Barrett of U.S.-based Intel Corp (NasdaqNM:INTC - News), the world's largest chipmaker, said on Sunday he was more optimistic than ever about the tech sector and saw the current crisis ending by early 2003.

"I have never been more optimistic on the future than I am right now, even in the middle of a recession," Barrett said, adding that he has named one of the horses on his ranch in Arizona "Nasdaq."

"Everywhere in the world we are bringing computers and the Internet to the masses: in Russia, China, the rest of Asia, the Middle East and so on. The story of the future is in the convergence of computer and wireless capabilities," he said.

Barrett has travelled extensively in the past two months, visiting Russia, United Arab Emirates, Malaysia, Australia, Vietnam and India, among other countries."



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