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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: kash johal who wrote (82135)	12/6/1999 4:42:00 PM
From: tejek	Respond to of 1573941

INTC IS GETTING READY FOR MERCED: ____________________________________________________________ Intel Invests in Relativity to Develop Software for Merced Chip San Francisco, Dec. 6 (Bloomberg) -- Intel Corp., the world's largest chipmaker, invested an undisclosed sum in Relativity Technologies Inc. to help the U.S. Internet software company develop a new version of its software for Intel's new Merced processor and IA64 products, Relativity said. The investment in the Cary, North Carolina company was made through the $250 million Intel 64 fund, which was set up in May to invest in companies making software for Internet commerce. It follows one made by Intel itself in October last year. Intel wants to encourage the development of software that will work on machines using the IA-64 processors, to help their sales. It expects to begin selling the Merced in mid-2000, reducing its dependence on personal computers, a market where sales growth has slowed. The faster processors are designed for workstations and computer servers. ``This enables our customers to maximize their bricks and mortar successes as they move to e-business models,' said Vivek Wadhwa, Relativity's president and chief executive officer. Relativity's RescueWare software can transform older COBOL language to Java, C++, or Visual Basic used for writing programs that can be accessed through the World Wide Web. That helps companies preserve their existing computer systems, even as they move their business onto the Internet. The funding will also allow Relativity, which was founded in 1997, to increase spending on marketing and research. Santa Clara, California-based Intel formed the Intel 64 Fund with computer makers and a variety of other companies to spur development for its next line of processors. Intel, which coordinates the fund, put up $100 million, with other contributions averaging between $3 million and $5 million. The fund, managed by Morgan Stanley Dean Witter & Co., includes contributors Bank of America Corp., Circuit City Group, Ford Motor Co., General Electric Co., McKesson HBOC Inc., Reuters Group Plc, Sabre Group Holdings Inc., SmithKline Beecham Plc, Sumitomo Corp., SunAmerica Inc. and Telefonos de Mexico SA. Intel's shares rose as much as 2 7/16 to 80. Dec/06/1999 10:27 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.

To: kash johal who wrote (82135)	12/6/1999 7:43:00 PM
From: Elmer	Respond to of 1573941

Re: "As you know Intel competes very very agressively.I would be natural to play "favorites" with MB suppliers when chipsets are on allocation. There is clearly a gray line here and depending upon what was said, and how it was siad is the issue. Such pressure can and probably was applied without any actionable facts. Or do you feel that Intel would be allocating chipsets without regards to who its most loyal customers were." If this type of behavior is what you were referring to then I can agree. But it's the same thing the AMD advocates have been saying about AMD. If Gateway doesn't support AMD now then AMD will ignore them when supplies are tight. I see this as normal business practice and while tough hardnosed business, it is perfectly justified on both the part of Intel as well as AMD. EP