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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: red_dog who wrote (86551)	3/5/2000 10:45:00 AM
From: Jerry Olson	Read Replies (4) \| Respond to of 120523

RG my damn computer is going haywire... it keeps locking up on me.. i just clicked on that url??? locked right up... then today, the same thing when i tried to open Ameritrade...this is bullshit....

To: red_dog who wrote (86551)	3/5/2000 12:32:00 PM
From: debra vogt	Read Replies (1) \| Respond to of 120523

General Info: Sunday March 5, 10:10 am Eastern Time INTERVIEW-Intel eyes more Israel investment in 2000 By Steven Scheer TEL AVIV, March 5 (Reuters) - Intel Corp (NasdaqNM:INTC - news) plans to invest in ``scores' of companies worldwide including about 20 Israeli companies in 2000, an official from its Israeli operations said on Sunday. The investments are part of the company's bid to transform itself from a microchip maker to an ``Internet economy' company, said Stephen Gray, senior treasury manager for strategic investments in Israel. He said Intel's financing arm, Intel Capital, would like to build on the dozen or so transactions made in Israeli high-tech companies in 1999. ``We'll probably do upwards of 20 transactions this year,' Gray told Reuters during a telecommunications conference. ``We're looking into virtually anything that plays into and supports the Internet economy,' he said. ``And certainly Israel is world-class in terms of the scale of start-ups.' Gray stressed that the company is seeking investments in firms ``who have a strategic fit' with Intel's programme. In order to compete in the high-speed world of technology, companies ``have been forced to move beyond their core competences,' Gray said. ``Intel is responding; we used to be the premier building block supplier to the computer industry,' he said. Now the company is a ``complete player in a whole range of the Internet economy.' In 1999, Intel Capital invested $1 billion worldwide in start-ups, with tens of millions of dollars in Israel alone. In all, Intel Capital holds stakes in more than 350 companies with a portfolio value of $8 billion, in addition to outright acquisitions by Intel. Intel Capital recently invested in Israel's PassCall Advanced Technologies, which enables Internet access over mobile phones, and Surf Communication Solutions, which supplies software for high-speed voice and data transmission. Intel Capital typically will invest $1 million to $10 million in a start-up and take a five to 10 percent stake for that company to be a ``strategic partner,' Gray said. The company's greatest vote of confidence in Israel's technological abilities to date is a $1.6 billion microprocessor plant that opened last year in the southern town of Kiryat Gat. The plant is slated to export $1 billion in computer chips annually beginning this year. In addition to facilities in Haifa and Jerusalem, Intel employs some 5,000 people in Israel.