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

To: Paul Engel who wrote (92941)	11/22/1999 2:08:00 AM
From: Amy J	Read Replies (2) \| Respond to of 186894

RE: "5 BILLION SHARES that Cisco authorized at the Shareholders meeting - with NO stock split involved ? That 5 Billion Shares - coupled with Cisco's current stock price of about $88 - gives them the CAPITAL to make a BUYOUT offer on Intel" Hi Paul, NOOO WAAAYYY You are observant If this were to happen, it better be a BIIIIIGGGGGGG premium. I've counted (buttoms-up est of market opps) about two splits-worth of INTC to possibly happen in a reasonable period of time (at least, reasonable for me), barring bizarre economics. So, I hope INTC would WAIT until that happens, then sell, not before...also, waiting might be a great way to let LU's cash build up to create an aggressive bidding war. However, I like Intel just the way it is. I see way too many opportunities for Intel - which appear to be better than what any MNA could possibly yield IMHO. Sure, if a buyout can recover two splits-worth, fine, but otherwise, I wouldn't be for it. Edit: You were just kidding, weren't you? Edit #2: Cisco spends a lot on acquisitions - I think they need to put their money into another direction - where they currently lack - that's what the $5B is probably for - their other acquisitions. You had me there for a minute there. Amy J

To: Paul Engel who wrote (92941)	11/22/1999 3:36:00 AM
From: Pigboy	Read Replies (3) \| Respond to of 186894

Paul, << I doubt that they want to do it, but a BUY OUT of Intel may make both FINANCIAL and STRATEGIC sense to Cisco. >> In my humble optical opinion, I still have fantasies that Intel buys MRVC, which is positioning itself as an end to end optical networking company (Linux, Terabit, Accelerouter). They could get MRVC for much cheaper and use their excellent products in a way that's similar to how they hurt 3Com in adapter cards. We've talked about this before here. Their ultimate goal is always to sell more cpus, of course. So, with Mrvc one could perhaps slash some prices on optical gear to lead to cuts at the big 3 (csco, lu, nt) so, effectively, cheapening broadband gear to keep CPU demand high. Demand for csco's stuff seems to be immune to competition in the enterprise, so perhaps this is a losing idea. If Intel buys a public networking company, I believe it would have to be a smaller player otherwise there would be too much scrutiny. Would anyone know what was Level One's revenue and market cap when Intel announced their bid? thanks pigboy