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To: JBruin who wrote (1293)10/29/1999 12:50:00 AM
From: jeff greene  Respond to of 2702
 
Comments from Intel today...

Message 11742802

Increased focus on non-PC devices is part of the
company's plan to diversify, executives said. Chips for PCs
and servers will likely continue to dominate the company's
business, but as more types of devices are used to access
the Internet, Intel will move to provide silicon for these
so-called information appliances--and even work to design
them.

The company is already seeing a surge in demand for flash
memory, which goes into cell phones, said Craig Barrett,
Intel's chief executive. Acquisitions over the past few years
will allow the company to provide the microprocessors and
digital signal processors that go into these devices as well.

"If you look at the market for cell phones, it is semi-infinite," Barrett said, citing market
reports that as many as 500 million cell phones could be sold annually by 2003. "We're
looking at a variety of clients for Internet access," he explained.

In addition, chips for networking and communication equipment will represent a substantial opportunity