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Technology Stocks : Intel Corporation (INTC)
INTC 37.28-0.6%3:59 PM EST

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To: John Hull who wrote (124943)1/15/2001 3:31:38 PM
From: Paul Engel  Read Replies (2) of 186894
 
John - Re: "Intel to Acquire Xircom for Approximately $748 Million"

Thanks for the post

I just read Xirxom's quarterly report (issued today, I believe) and noted that they earned $2 million in profits this past quarter.

Since this is a CASH deal, can we assume that this will be ACRETIVE this year - with the Xircom division profits adding to Intel's core profits?

Paul
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