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Technology Stocks : Intel Corporation (INTC)

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Feb 6 9:30 AM EST

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To: Joe NYC who wrote (33541)	10/2/1997 5:18:00 AM
From: Paul Engel	of 186894

Jozef - Re: " with their designs produced on shoe-string budget. Everything else after coming up with the design was an uphill battle for Cyrix." Not exactly - Cyrix sold about $126,500,000 worth of bonds in 1996 - so they had a budget of over $126 million buckaroos to spend on their 6x86MX, which isn't exactly stting the world on fire. $126,500,000 may be a shoestring budget to you, but it's a pretty hefty budget when you don't have wafer fab development expenses nor a fab to maintain and run. A good question is - Was the 6x86MX worth $126,500,000? Paul

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