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Technology Stocks : Intel Corporation (INTC)

INTC 40.03

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3:59 PM EST

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To: Dale J. who wrote (57707)	6/10/1998 12:03:00 AM
From: Dale J.	of 186894

.Samsung obtained an architectural license from Digital last fall, which gave the Korean manufacturer access to future versions of Alpha as well as the ability to design its own Alpha-based chips... Isn't it ironic that the Korean conglomerate Samsung has been a primary beneficiary of U.S. policy. For years the Korean government has subsidized its conglomerates such as Samsung. Samsung became leveraged to the hilt in trying to destroy US markets for (memory, disk drives etc.). But the overly aggressive tactics eventually caught up to Samsung and Korean investors became worried, especially after Moody's downgraded their debt to junk bond status. The IMF (which is funded primarily by the U.S.) came to the rescue. They couldn't wait to bail them out. Even after the Korean government balked at agreeing to restrict subsidies and even after US companies such as Micron tried to explain the absurdity of the bailout, the IMF was willing to send the money. Now the FTC goes after Intel with both barrels like they are some sort of criminal while compaq opens the door for Samsung. Intel and Microsoft are very good at what they do. I wish our government would leave them alone. Dale

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