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Technology Stocks : Intel Corporation (INTC)

INTC 42.61

+6.5%

Jan 7 3:59 PM EST

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To: Brian Malloy who wrote (13880)	3/12/1997 10:39:00 PM
From: Brian Malloy	of 186894

Last post before I head on out tonight. First word on deal from CeBIT. I guess Mr. Grove was closing a few deals last month as he was working to inform the Europeans that it was time to take up PC's. Intel Invests Europe PC Satellite Service SANTA CLARA, Calif. (Reuter) - Intel Corp. executives say the company has agreed to invest cash and technical know-how in a new company to deliver multimedia content by satellite to personal computers across Europe. Intel said the investment, to be formally announced at the CeBIT technology trade fair in Hannover, Germany, on Wednesday, will be Intel's first investment in personal computer delivery services, although it has sought to foster other technologies that can help drive the use of personal computers worldwide. pathfinder.com@@bb1fwgYAvpOmgoqS/money/latest/RB/1997Mar12/400.html

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