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Technology Stocks : Intel Corporation (INTC)

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To: Yaacov who wrote (22021)	5/17/1997 7:04:00 PM
From: Paul Engel	of 186894

Yaacov - Re: "last law suit that was with AMD ended up costing intel between $300-$400 million in legal fees alone. " I don't know where you got that number but I would guess that they spent quite a bit less - perhaps 100 million tops. Lawyers are whores but they don't cost as much as really good whores. However, assuming you are correct, Intel could have spent 3 or 4 Billion Dollars and it would have been worth it - to deny AMD the rights to Intel designs from the period 1986 - 1995. Intel illustrated that AMD never fulfilled their (AMD's) part of the 1982 x86 agreement and Intel refused to give up its own designs in return for NOTHING FROM AMD except unfair competition with their (Intel's) own designs. Today Intel is making $2 Billion PROFIT/quarter, they control 85% or more of the CPU market. Virtually NO EXPENSE should be spared in order to defend this position. To compromise means to admit Intel used DEC's patents. Intel's technology, architecture and performance is second to none - they should verbalize this and defend their position at ALL COSTS. This is a matter of personal and corporate pride and integrity. Re: "long(years) legal battle with AMD which end up in a lot of losses. " You claimed to be a shareholder in Intel for many, many years - I recollect you said you bought Intel when it went public in 1972. If so, you should know that Intel reported a yearly loss in only ONE YEAR - 1985 - several years before AMD and Intel started their legal entanglement. This was due to the unrelenting competition of the Japanese in the DRAM business along with a prolonged recession in the semiconductor industry. Paul

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