yes, agree: in the world of technology, no one can take anyting for granted and one never knows when the tide turns. So i do occasionaly, collect sunw - sort of like buying a very long term MSFT puts.
There is so much bad news with the stock (sunw) but sunw does not set.
why? look at 3 YR. chart of MSFT appl nscp, sunw
IF THIS IS SCARING BILL GATES then i need to be scared too !
Also, look at price/sales.
techstocks.com
----------------------------------------------------------------
wintel news:
NATIONAL SEMICONDUCTOR CORP said it will put an entire PC system on a single chip by mid-1999, a move that
should dramatically lower the cost of PCs for manufacturers and consumers. The single chip would replace the 12 or
more separate chips typically found in a PC today and expand the entry-level market for PCs. National said its PC
on a chip is being built around microprocessor cores developed by Cyrix, the processor company it acquired in
November. National plans to make the chips at its new wafer fabrication facility in Maine on 0.25-micron process
technology that can be further scaled down to 0.18 micron. National said it is defining versions of the chip for major
PC and information appliance makers.(Reuters 08:07 AM ET 04/06/98)
Intel Corporation (INTC)
Piper Jaffray said it initiated coverage of ADVANCED MICRO DEVICES INC with a buy rating and a 12-month price
target of $40. Among points in report said, "We have been able to confirm that IBM is indeed injecting capital into
the company and plans to use AMD as an instrument in its last stand against INTEL CORP." (Reuters 11:00 AM ET
04/06/98)
Intel Corporation (INTC)
INTEL CORP gave CEO Andy Grove a compensation package worth over $3 million in 1997, a proxy statement said.
Grove's base salary last year was $465,000 and his bonus was $2,790,400, both slight increases from 1996, when
they were $425,000 and $2,578,300, respectively. In 1995, Grove's salary totalled $400,000 and he received a
$2,356,700 bonus. The company also announced in the proxy filed with the SEC that it had granted Grove options
to purchase 72,000 shares of Intel stock at an exercise price of $69.69, expiring April 22, 2007. They are first
exercisable in 2002. (Reuters 10:56 AM ET 04/06/98) For the full text story, see full story
Microsoft Corporation (MSFT)
Justice Department investigators believe they have enough evidence to bring a new antitrust case against
MICROSOFT CORP. before the end of the month, the Wall Street Journal reported. The new case, if it goes forward,
would allege "illegal maintenance and extension" of Microsoft's control of personal-computer operating software, in
violation of the Sherman Antitrust Act, the Journal said, citing unnamed people close to the probe. The investigators
are taking final depositions from senior Microsoft officials and issued new civil subpoenas last week to major PC
makers, including COMPAQ COMPUTER CORP. (Reuters 04:01 AM ET 04/06/98) For the full text story, see full story
Microsoft Corporation (MSFT)
Computer billionaire Paul Allen has agreed to acquire Dallas-based Marcus Cable Co., the nation's largest closely
held operator of cable-television systems, for about $2 billion, plus the assumption of $1 billion in debt, the Wall
Street Journal reported. The deal, the first of what is expected to be a series of cable purchases by the MICROSOFT
CORP co-founder is expected to be announced Monday, the Journal said, citing unnamed people close to the matter.
Allen is believed to be paying 14 times trailing 12 months' cash flow for the nation's ninth-largest cable operator,
the paper said. Allen recently sold $1.1 billion of Microsoft shares. (Reuters 04:28 AM ET 04/06/98) For the full text
story, see full story
Microsoft Corporation (MSFT)
U.S. Justice Department lawyers building a case against MICROSOFT CORP want to file new charges against the
company before its Windows 98 operating software is released, a person familiar with the probe said. But there are
no indications that the head of the antitrust division, Joel Klein, has reached a decision on whether to bring a new
case. The new charges, if they are brought, would be far broader and harder to prove, according to legal experts on
both sides of the case. Microsoft's lawyers have been tough and contentious in court, and if that style continued, the
battle would require huge resources from the Justice Department. (Reuters 11:30 AM ET 04/06/98) For the full text
story, see full story
Microsoft Corporation (MSFT)
MICROSOFT CORP executives remain confident the company's Windows 98 operating system upgrade will launch as
scheduled June 25 despite a federal antitrust investigation, a company spokesman said after market close. "We don't
believe there's any scenario that would delay the release of Windows 98 with all of its Internet capabilities
included," spokesman Mark Murray said. Murray said the company is working closely with U.S. Justice Department
investigators and is open to discussions with the agency over any potential problems with Windows 98, the
successor to Windows 95. (Reuters 03:33 PM ET 04/06/98) For the full text story, see full story |
