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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"
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To: 249443 who wrote (952)5/25/2006 8:08:25 AM
From: 249443  Read Replies (2) of 1185
 
Intel: No spinoff for memory chip unit
Ends speculation that IPO was part of restructuring plan prompted by fierce competition from AMD.
May 25, 2006: 7:06 AM EDT
money.cnn.com

KULIM, Malaysia, (Reuters) - "Intel Corp., the world's top computer chip maker, denied speculation Thursday it might spin off and list its memory chip business.

"We are not currently thinking about those kind of things," Chief Executive Paul Otellini said when asked if Intel (Research) might make an initial public offer of shares in the memory chip business..."
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