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Technology Stocks : AMD:News, Press Releases and Information Only!

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Nov 26 3:59 PM EST

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To: Ali Chen who wrote (4074)	1/28/1998 2:53:00 PM
From: Petz	Read Replies (3) of 6843

CPQ+DEC= by, by Intel+DEC Alpha technology biz.yahoo.com NEW YORK, Jan 28 (Reuters) - Compaq Computer Corp's (CPQ - news) buyout of Digital Equipment Corp (DEC - news) could imperil an earlier deal between Digital and Intel Corp (INTC - news), the Wall Street Journal said Wednesday in its electronic edition. Late last year, Digital agreed to sell a chip-making plant and production rights to its ultrafast Alpha processor to Intel for a package valued at $1.5 billion, including $700 million in cash. That deai is still under review by federal antitrust enforcers. Citing sources close the the situations, the newspaper said Compaq has the resources to sustain Alpha, if it chooses to do so -- meaning the chip no longer would need an Intel cash infusion. During negotions on its buyout, Compaq signaled that if the Intel deal is rejected by the FTC, it would take responsibility for the Alpha manufacturing plant and either sell it or close it down, the newspaper said. Citing lawyers close to the talks with the FTC, the newspaper said one option under review is a requirement that Digital sell the plant and rights to the Alpha to keep it out of Intel's hands. Petz

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