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


To: Tony Viola who wrote (91994)11/9/1999 6:08:00 PM
From: Charles R  Read Replies (2) | Respond to of 186894
 
Tony,

<Give us a break Charles. You come out of the woodwork whenever their's any (potentially) dirty laundry about Intel. I can tell by the "Yes!" that you're getting all excited about this one. Ambulance chaser.>

I have seen you lie and post abusive emails so I do not consider you worthy of response. Too bad I didn't have the ignore button eariler.

I will clarify my position for the sake of the rest of the thread and move on. If Intel loses this case, there is a good chance that IMS patents could have repurcussions on AMD. That is the extent of my interest.

This is my last post on this thread on this topic.

Chuck



To: Tony Viola who wrote (91994)11/9/1999 6:36:00 PM
From: The Duke of URLĀ©  Read Replies (2) | Respond to of 186894
 
This is from the 10 Q released today and there was a short blurb by Maria on cnbc and it sort of did imply that INTC had already lost. As you know, a reporting company must give a reasonable approximation of the value (damages) of the case, in the event it is lost.

_____________________________________________________________________
In June 1998, TechSearch L.L.P. ("TechSearch") filed suit against Intel in the United States District Court for the Northern District of Illinois alleging that Intel's microprocessors based on the P6 microarchitecture infringe a patent related to emulation technology. The suit seeks damages and an injunction. This case has since been transferred to the United States District Court for the Northern District of California. In October 1999, TechSearch's expert witness claimed that TechSearch is entitled to damages ranging from $2 billion to $8 billion. The Company disputes TechSearch's claims and intends to defend the lawsuit vigorously.

Although litigation is subject to inherent uncertainties and the ultimate outcome of these proceedings cannot be determined at this time, management, including internal counsel, does not believe that the ultimate outcome will have a material adverse effect on Intel's financial position or overall trends in results of operations.