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Technology Stocks : Intel Corporation (INTC)

INTC 36.45

+3.8%

10:43 AM EST

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To: Andy M. who wrote (53053)	4/14/1998 7:45:00 PM
From: Maverick	Read Replies (1) of 186894

Late yesterday, INTEL CORP said that it is disappointed by a judge's ruling in a lawsuit filed against it by INTERGRAPH CORP and said that it is considering its options, up to and including a possible appeal. On Friday, a U.S. district court in Alabama granted a preliminary injunction against Intel, preventing it from terminating Intergraph's rights as a strategic Intel customer. Intergraph makes high performance desktops and servers that run Intel's Pentium, PentiumPro and Pentium II processors. "We have to give them advance product, which we had stopped doing in August," said an Intel spokesman. "We have to share early products with them. There is no financial impact here." (Reuters 06:55 PM ET 04/13/98) For the full text story, see infobeat.com

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