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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Judy who wrote (19781)3/4/1999 7:15:00 PM
From: Sonki   of 42787
 
judy,chris, intc up in aft hrs. do u think it will take a hit tomorrow?
here is a cc# and pwd. for you.

Intel Corp. (INTC) 113 3/8 -1 5/16: chip maker to acquire Level One Communications (LEVL 27 1/8 -5 1/4), a designer and developer
of integrated circuit products, for $2 2 bln in stock; Intel to issue 18.6 mln new shares and exchange 0.43 shares for each LEVL share;
conference call to begin at 5:15 ET 800-967-7814 user #639282; for replay call 888-567-0712.....

=========== more info
NEW YORK (Dow Jones)--After-market players bid up shares of Intel Corp. (INTC)
Thursday to 115 3/4, above their Nasdaq close of 113 3/8.

On Thursday, the boards of both Intel and Level One Communications Inc. (LEVL)
approved a definitive stock-for-stock merger agreement valued at about $2.2 billion
under which Intel would acquire Level One.

Dealers also bid Level One up in after-hours trading to 27 5/16 from its Nasdaq close
of 27 1/8.

(END) Dow Jones Newswires 04-03-99
2304GMT
(AP-DJ-03-04-99 2304GMT)
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