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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 48.72+3.0%3:59 PM EST

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To: margaret tasset who wrote (12278)10/27/1997 8:11:00 AM
From: Xpiderman  Read Replies (1) of 27012
 
Digital and Intel to settle, Pentium-suit agreement expected Monday

Oct. 27, 1997

THE LONG-RUMORED legal settlement between Intel and Digital over chip technology that Digital claims Intel stole should be over early Monday morning. The final deal will allow Digital to receive as much as $850 million in cash from Intel. Intel will gain a new manufacturing plant and rights to the disputed technology. The companies are expected to make a joint announcement at 7 a.m. PST.

sjmercury.com
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