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Technology Stocks : Intel Corporation (INTC)

INTC 37.28

-0.6%

Dec 16 3:59 PM EST

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To: Paul Engel who wrote (77066)	3/23/1999 3:18:00 AM
From: Amy J	Read Replies (1) of 186894

Intel's investment BCST up 37% today. Amy J redherring.com By Owen Thomas Red Herring Online March 22, 1999 Snap's launch of a broadband service on Monday, featuring audio and video content from a variety of broadcasters, shows that the next rush to make money on the Net may look a lot like the first one. But if Snap aims to hook its users on speedy connections to the Net, it may have to face off with Yahoo (YHOO), the winner of that original land-grab. IT'S A SHOWDOWN Yahoo -- as well as other portal contenders -- aren't likely to sit still while Snap aims to capture more users, however. The portal giant's broadband efforts are rumored to be troubled, but Yahoo has an ace in the hole. As first reported in the Red Herring Online a week ago, Dallas-based rich media guide Broadcast.com may be interested in merging with a larger player.

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