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Technology Stocks : Intel Corporation (INTC)

INTC 39.71

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To: Road Walker who wrote (103350)	5/11/2000 10:25:00 PM
From: Jim McMannis	Read Replies (1) of 186894

John, RE:"You have to wonder what kind of new functions this type of software will enable. It sort of makes your PC part of one single PC system exchanging information, without an intermediary. Maybe this Internet thing has a future <g>." Of course you must know that Napster has the RIAA (Recording industry association of america) and various other factions of the recording industry throwing lawsuits at it. Seems they want to protect their rights to a big cut on the distribution of music and Napster has them very nervous. Even Metallica is suing Napster. They managed to compile a list of 335,000 Napster users who were offering their songs and delivered the list to Napster with the demand they stop allowing distribution of Metallica music. OTOH, at least one band is encouraging the use of Napster, Limp Bizcut. MP3.com recently lost a case brought by a plethora of recording labels, Sony, Elecktra, BMI etc. The stock dropped from 105 to 5. Now MP3.com has made a deal with BMI. MP3.coms stock is looking up. You mentioned more programs. There is a new program that runs on top of Napster called Wrapster. It allows the transmission of ANY files, not just MP3s. Hows that for file/program/whatever sharing? You're right in the middle of all the excitement. Jim

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