Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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To: Sonny McWilliams who wrote (13189)	11/16/1997 10:29:00 PM
From: margaret tasset	Read Replies (2) of 27012

Hello Sonny, here is an article that I found interesting: " NEW YORK, Nov 16 (Reuters) - CNBC, the cable television channel, is to unveil on Monday a new service that will broadcast its programs on personal computers and simultaneously allow users to read news and track personal portfolios. CNBC officials said there will be no charge for the service, and it will generate revenues via advertising. NBC officials declined to give forecasts on revenues or how many people it expects to use the service. Executives at CNBC, a unit of General Electric Co's NBC Inc, said the service is aimed at giving the average investor the same access to business news and data as a broker. "This services gives CNBC to the Main Street investor," said Laurence Tosi, a CNBC strategic planning executive. "It levels the playing field between the broker and the individual investor." Tosi said the network was exploring deals with brokerage firms to allow direct trading as part of the service. The new service will use Intercast technology, jointly developed by Intel Corp and Intercast Industry Group, which simplifies television on the PC. Officials put the current Intercast PC market at several hundred thousand. But they said that with Gateway 2000 Inc offering PC upgrade for Intercast, the size of the market will jump. Compaq Computer Corp is to announce Intercast capability on its Presario PCs Monday. Both will offer Intercast upgrade for about $60-$70. Graphics technology for the service was developed by Electronic Data Systems Corp .

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