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Technology Stocks : Intel Corporation (INTC)

INTC 37.90

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12:58 PM EST

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To: Jim McMannis who wrote (54885)	5/1/1998 1:59:00 AM
From: Paul Engel	Read Replies (3) of 186894

Jim - Re: "You don't think the DOJ is going to go away do you? They will sue Intel just to get the money to perpetuate themselves. " The FTC investigated Intel about 5 years ago and gave them (Intel) a clean bill of health. At that time, AMD and Cyrix were not "competitive". Now, you claim AMD and Cyrix are more competitive than ever. Since Compaq and IBM use AMD and Cyrix parts, where is the smoking gun that Intel has done something illegal - monopoly-wise? The Intergraph situation is a dispute over patents and despite a preliminary injunction against Intel, there is no decision in that case. Therefore, I think Intel will not be damaged by the FTC probe - they may be required to "modify" some aspects of their business somewhat , but I really doubt that anything major will come about. Remember - Intel and Microsoft have become world powers, returning to America a technological and financial edge that had been frittered away by prior industries. The American, and global, technological success stories of the past decade owes a lot to these two companies. The U.S. Constitution still does not forbid companies to succeed to their fullest capabilities. Paul

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