Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (28637)	9/3/1999 10:28:00 AM
From: unclewest	Read Replies (1) \| Respond to of 93625

dan was right... first rambus and intel crushed dell... now intergraph falls...who knows... who is next?...maybe via? unclewest...the bear Posted 03/09/99 1:16am by Mike Magee Intergraph quits PCs, says Intel brought it to its knees The actions of Intel have forced Intergraph to exit the PC and generic server business, the company claimed today. That will mean 400 jobs will go at the firm as it announced a big corporate restructure. According to a statement, Intergraph "suffered irreparable harm" from Intel's alleged actions, which are currently the subject of litigation in American courts. Said CEO Jim Meadlock: "As painful as it is, there is no choice but to distance our remaining hardware businesses from the damage Intel has caused and is continuing to cause. This means distancing them from Intergraph so they can become profitable businesses and leaders in their markets. In the meanwhile, we remain committed to providing our customers with superior products and service." The restructuring means that Intergraph will concentrate on positioning itself as a technical solutions and systems integration company, providing core software and services. Intergraph will take a $20 million charge for its Q that ends on the 30 September next, which covers inventory and the 400 redundancies worldwide. © Related Stories Has Intel been caught sabotaging Intergraph Intergraph claims Intel still strangling it FTC lets Intel off the ho