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Technology Stocks : Intel Corporation (INTC)
INTC 48.80+5.0%Feb 2 3:59 PM EST

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To: Road Walker who wrote (103082)5/2/2000 4:59:00 AM
From: Amy J   of 186894
 
RE: "Intel...will invest $150 million for a 60 percent stake ...and take a 49 percent position in the voting"
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My first thought is the amount sort of surprises me. I would have guessed something more like $50MM to $100MM. Maybe they're doing a bit more than what the press releases allude. No other investors?

It appears they are doing:
- creating secure registration technology to ensure only its subscribers have access to content, like sports
- establishing a way for content owners to sell their content, i.e. technology and probably also an ASP for subscription biz model
- creating content rights management technologies (to protect the content)

The 49% voting stake out of 60% ownership is interesting. I wonder who's on the board.

Amy J
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