Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.95

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2:46 PM EST

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To: Bernard Newman who wrote (7297)	1/5/1997 10:02:00 AM
From: Winston A. Chin	of 186894

Hi Bernie, I totally agree with your assesment of the past IBM/INTEL relationship. In 197? when I joined NORTEL to work on the 8080 I was told that Nortel had paid $5M for all the designs in the Intel portfolio at the time (except for the 8080 cpu which was just being sampled by Intel) as Intel was having financial problems. Nortel could probably have bought out Intel but it would have made Intel into a stodgy dud of a subsidary of Nortel. Knowing Nortel as I do I would not be surprised if Nortel bought a part of Intel at the time. I do not know if it did so. Cheers.

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