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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Tony Viola who wrote (84436)6/24/1999 2:28:00 PM
From: puborectalis  Respond to of 186894
 
Thursday June 24, 1:59 pm Eastern Time
Dutch World Online says Intel buys stake
BRUSSELS, June 24 (Reuters) - Dutch-based European internet access and content provider World Online International said on Tuesday that U.S. chipmaker Intel had made an unspecified investment in the company.

''Intel's investment provides us with additional resources with which we can accelerate our pan-European expansion,'' Nina Brink, World Online's chief executive officer, said in a statement received in Brussels.

''Furthermore we intend to create and deploy content that can run optimally on Intel-based computing products,'' Brink added.

World Online said it currently had over 800,000 subscribers and 20,000 business customers in 12 European countries. The bulk of its operations, with more than 450,000 subscribers and 15,000 businesses, is in the Netherlands, it said, adding it planned to add Germany and Britain to its markets this summer.

The company, founded in 1996, is currently majority-owned by the Sandoz Family Foundation. Other existing shareholders include Telfort, a subsidiary of British Telecommunication Plc (quote from Yahoo! UK & Ireland: BT.L), and Reggeborgh Beheer.




To: Tony Viola who wrote (84436)6/24/1999 5:30:00 PM
From: James Wamsley  Read Replies (1) | Respond to of 186894
 
Pardon me for butting into this group, but something has been puzzling me. AMD would seem to be a doubtful threat to INTC in spite of their technological prowess in design because of their really poor track record in production and production planning. Why is only AMD the whipping boy here? Is the gigahertz Alpha not a competitor to Intel, and if it is not, why not? In the server market isn't SUNW a competitor? As an Intel investor I really would like to have a better appreciation of the threats on the horizon. TIA
Jim W.