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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (43561)	12/17/1998 1:10:00 PM
From: Petz	Read Replies (1) of 1572853

Darn, Intel must be reading my posts again. If they sold 49% of Vantis for 4x sales, they'd have proceeds of $400M. I'd go out and use this money to buy something with a better strategic fit, like S3 Inc., which has a market cap of $250M and sales about the same. From business wire (12 hours later) biz.yahoo.com S3 Announces 10-Year Cross Licensing Agreement With Intel Intel to Purchase Warrants for S3 Shares S3 to be an Intel AGP 4X Validation Partner SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 17, 1998--S3 Inc. (Nasdaq:SIII - news) today announced a long-term agreement with Intel Corp. (Nasdaq:INTC - news) which includes a 10-year cross-license agreement for all S3 and Intel patents for development of certain semiconductor products, a bus license for current and future Intel general purpose processors, and the selection of S3 as an Intel AGP 4X validation partner. S3 also announced that Intel is to purchase warrants to buy S3 shares under undisclosed terms.

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