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Technology Stocks : All About Sun Microsystems

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To: LKO who wrote (4096)10/6/1997 12:36:00 PM
From: LKO   of 64865
 
Digital (DEC) selling family jewels to Intel ? Not directly
related to SUNW but significant. I think it is still more
rumor than news...but sad to see DEC do this...but maybe
they are getting a good price for DEC investors ?

infobeat.com

DIGITAL EQPMT (48-1/16, up 3-5/16 @ 11:15am EDT) is in talks to
sell its Alpha technology to INTEL (94-1/2, up 1-3/16 @ 11:15am
EDT) for more than $1.5 billion, in a pact that would settle a
patent fight, the Wall Street Journal said. A settlement involving
Alpha would bring an end to the patent lawsuit in which Digital
claimed Intel stole technology. Intel would be obligated to
produce the Alpha chip for several years. However, Intel isn't
required to put its marketing muscle behind computers that run on
the chip. Digital wouldn't get rid of all its semiconductor
operations, but Intel would buy "capacity" in Digital's chip
facility in Hudson, MA. (Reuters 06:31 AM ET 10/06/97)
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