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Technology Stocks : Intel Corporation (INTC)

INTC 33.63

-4.2%

3:59 PM EST

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To: Paul Engel who wrote (93530)	12/8/1999 8:17:00 PM
From: L. Adam Latham	Read Replies (3) of 186894

Paul: Re: Just for the record, Intel's "investment" in Red Hat Software is now worth about $875,000,000 as of Today ! Just wait until tomorrow, when LNUX (VA Linux Systems) starts trading. Intel is also an investor in this gem, and the offering price has increased from $11-$13 last week to $28-$30 this evening. Intel owns about 3.5M shares (about 9% after the IPO) at an average price of about $0.50 per share. Let's do the math after the close tomorrow. :-) Adam

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