IS INTC A GROWTH STOCK? Message Board

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Technology Stocks : IS INTC A GROWTH STOCK?

INTC 39.50

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9:30 AM EST

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To: Yaacov who wrote (152)	5/14/1997 7:00:00 PM
From: Frank Ellis Morris	of 243

Yaacov, there was a statement made after the close by Intel. I would expect that this is going to be a real live galadiator show before long. Wednesday May 14 4:03 PM EDT Company Press Release Intel Corporation says its products do not infringe on DEC patents SANTA CLARA, Calif.--(BUSINESS WIRE)--May 14, 1997--Based on a preliminary analysis of the claims,Intel Corporation today said it does not believe any of its products infringe on patents asserted by Digital Equipment Corporation (DEC) in a suit filed yesterday. Intel intends to vigorously defend itself against the suit. DEC has stated that technology is vital to its business. Technology is vital to Intel's business as well. Over the past three years, Intel has been issued nearly 1,000 patents for semiconductor, microprocessor and other technologies. In conjunction with this effort, during that same period, Intel has spent over $4 billion for research and development. Intel is going to kick some butt and it should not be long. Frank Morris

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