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Technology Stocks : Microchip technology (MCHP)
MCHP 51.80+1.2%Nov 25 3:59 PM EST

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To: Frank Roso who wrote (300)4/3/1998 10:31:00 AM
From: Richard Tuck  Read Replies (1) of 475
 
Frank,

I cannot imagine why INTC would buy MCHP. The last thing INTC would want is another 8-bit microcontroller line and commodity non-volatile memories. As a Microchip shareholder I would like to see it, but it seems far-fetched to me.

Why did Microchip go to direct sales recently? Were they unhappy with the reps or did they think that the company was big enough to afford a sales staff? Maybe it was those expensive worldwide sales meetings (needed to cut costs by eliminating all the rep attendees).

Richard
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