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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 3:59 PM EST

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To: Paul Engel who wrote (77280)3/26/1999 7:37:00 AM
From: GVTucker  Read Replies (1) of 186894
 
Paul, RE:<<

What is really frustrating is that Intel's OWNERSHIP of these SAME NETWORKING STOCKS is enormous.

Intel has significant positions in CMGI, BRCM, Inktomi, CNET, iVillage among others.>>

Enormous, perhaps to you and I, but in relation to Intel's overall size it is almost irrelevant. The total of long term investments is <1% of Intel's market cap, with the CMGI and MU investments really the only ones of significant size, with both around $750mm. If INKT was taken over tomorrow at double the current market price, it would increase Intel's market cap by about three cents.
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