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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST

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To: JAMES F. CLASPILL III who wrote ()2/3/2000 10:51:00 PM
From: 10thangel  Read Replies (3) of 18366
 
To Anyone.....I just don't know how to do that yet:

I am new here, have been lurking some, am long on EDIG....love the technology but am concerned about an Intel article that came out today from Reuters. No one seems to have noticed but I would like some feedback please.

"Computer chip maker Intel Corp has agreed to supply Telefon AB LM Ericsson, the world's Number 3 cellular phone maker, with $1.5 billion in flash-memory chips over the next three years, the Wall Street Journal reported Thursday.

The deal with Swedish Ericsson is one of Intel's first major agreements in its effort to move rapidly into the fast-growing cellular phone market, the Journal said.

The deal ensures a steady supply of chips for Ericsson when the demand for flash-memory is heating up, the newspaper said.

Unlike standard memory, flash chips store data even when a phone or computer is turned off, the newspaper said. Flash memory is becoming an increasingly important component in mobile phones, palm computer organizers, digital cameras and players that download music from the Internet, the Journal said.

Demand for flash memory is expected to soar as phones acquire mor memory to access the Web, the newspaper said.

Santa Clara-based Intel also said it would buy a chip making
facility in Colorado Springs, Colo., from Rockwell International Corp. and invest $1.5 billion to upgrade it.

The Journal reported that Intel would convert one of the factories at the facility to produce flash-memory chips."

I am concerned mostly with the last sentence in this article but could not just throw it out there without a basis for reaction.

Anyone care to comment, please?

10thAngel
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