Good morning Sonny,
It was nice to see fears of the Fed raising interest rates have calmed in a big way. Perhaps today the euphoria will continue. Caught this news this morning on the wires about Intel
* Late yesterday, INTEL CORP won Costa Rican Supreme Court approval to operate high-voltage wires at its new plant, a court official said. A lower court in October had blocked Intel from
sending a current through the cables after neighbors to the $500 million, 30,000-square-meter plant on the outskirts of San Jose filed a lawsuit opposing the 230,000-volt lines. The neighbors considered the high-voltage lines to be a health threat and a violation of Costa Rica's environmental laws. Intel, which plans to export $700 million worth of Pentium II microprocessors from the factory this year, continued to operate the plant using a less
powerful alternate line. (Reuters 10:23 PM ET 04/29/98)
* After market close, EASTMAN KODAK and the world's largest semiconductor company, INTEL, announced a joint venture in digital
photography and imaging, including a joint consumer marketing campaign. The agreement includes plans to jointly develop products in the area of digital imaging, a broad patent cross-licensing agreement between the two, plans to update Kodak's photofinishing laboratories with Intel-based products, and a collaborative consumer marketing campaign which could reach up to $150 million in spending over three years. No other details were immediately available. (Reuters 04:41 PM ET 04/30/98)
No if we can on ly get a little of that high power electricity to charge up Intel's stock.
Everytime intel gets a little buzz, Tom Kurlac comes along and creates a short circuit.
I see that 13 states are going after Microsoft.
Have you ever seen so many cry babies at one time? A guy builds a better mouse trap, the competition complains and cries to big brother and before you know it the winner gets hit with antitrust violations.
Have a good Friday
Frank |
