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

To: John O'Neill who wrote (90025)	10/12/1999 8:16:00 PM
From: puborectalis	Respond to of 186894

These comments are good.......Intel acquired four companies during the quarter: Dialogic, Level One Communications, Softcom Microsystems, and NetBoost. These acquisitions were valued at more than $3 billion in total, Intel officials said. Including costs related to those acquisitions, net income was $1.5 billion, down 6 percent from a year ago. Earnings per share were 42 cents, down 5 percent from 44 cents in the third quarter of 1998. Craig Barrett, Intel's president and chief executive officer, said in a statement that the company is looking forward to "seasonally strong business" in the fourth quarter. "We will aggressively ramp our high performance family of Pentium III microprocessors on 0.18 micron process technology," Barrett said. "At the same time, we are accelerating our new business activities in networking, communications products and online services, as illustrated by the number of acquisitions made in the third quarter." The company has scheduled a press and analyst event in San Jose, California, on Oct. 25 where it plans to roll out new Pentium III and Pentium III Xeon processors based on the advanced 0.18 micron process. Intergraph Patent Claims Against Intel Dismissed by Judge 10/12/99 4:34:00 PM Source: Bloomberg News Birmingham, Alabama, Oct. 12 (Bloomberg) -- Intergraph Corp.'s patent claims against Intel Corp., the No. 1 computer- chipmaker, were dismissed by a federal judge who concluded Intel has the right to use certain Intergraph ''Clipper'' chip patents. U.S. District Judge Edwin Nelson reversed a June decision he issued, finding he ''initially gave too little weight'' to Intel's argument. Intel had claimed that it had the rights to certain ''Clipper'' chip patents through an agreement with National Semiconductor Corp., which at the time owned the company that developed Clipper. ''The court finds there is no genuine issue of material fact regarding Intel's licensed right to use such patents,'' Nelson said in a two-page ruling. Intergraph, which bought the part of the company that owned the Clipper in 1987, had sued Intel for allegedly using technology covered by its patents in the Pentium family of chips. Intel has said it didn't infringe on the patents and that the patents aren't valid. Intergraph's other claims, including alleged antitrust violations by Intel, are currently scheduled to go to trial in June 12, 2000, an Intel spokesman said. Related News Intergraph Patent Claims Against Intel Dismissed b - Bloomberg Intel's 3rd-Qtr Net Income Falls 6.5%; Shares Slide - Bloomberg Intel's 3rd-Qtr Net Income Falls 6.5%; Shares Slide - Bloomberg Intel earnings fall short of expectations - News.com Intel 3rd-Qtr Profit Falls Short of Some Estimates ( - Bloomberg Is VA Linux Systems the Red Hat of hardware? - Red Herring Intel 3rd-Qtr Profit Falls Short as Sales Lag Some E - Bloomberg