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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: Paul Engel who wrote (81023)5/17/1999 6:39:00 AM
From: Process Boy  Read Replies (2) of 186894
 
Paul - FYI: Comments from STMicro Grand Poobah Pasquale Pistorio

ebnonline.com

With regard to x86 strategy (Bold is mine):

Q: You're not interested in buying Cyrix, are you?

A: [Laughs.] National bought them already.

Q: Well, then, are you satisfied with your x86 strategy? What's the status?

A: We have said that it is not our priority, but it is an interesting complement, and since the beginning, we wanted to do system-on-a-chip but not face Intel. We developed a single-chip PC with an x86 core, and we carved a nice niche in the market with a Web navigator. So we are getting some-but nothing dramatic-returns.

Well, I guess STM is now on Scumbria's sh-- list, since Pasquale isn't into jeopardizing his sucessful and profitable business taking on the evil empire in x86.

Now, Pasquale on FLASH:

...ST is “extremely well positioned to be No. 2 in the year 2000,” he said. “And then we will be challenging No. 1, Intel. But this will take a little bit longer to do.”

OOOPS! Here's a rallying for Scumbria! Note, however, the absence of AMD in even this aspect of the conversation. Didn't AMD want to be #1 in FLASH too? Another casuality of the CPU wars, along with Vantis, Networking, HQ, etc.

PB
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