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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Nick who wrote (4188)8/30/2000 3:55:52 PM
From: Cesare J Marini  Read Replies (1) | Respond to of 6531
 
Little exerpt from CNet:

Intel spokesman Chuck Mulloy said litigitation is a last resort for his company, but "Broadcom has demonstrated it has little respect for Intel's intellectual property."

"We have an obligation to our shareholders to protect the investment represented by our intellectual property," Mulloy said.

But Merrill Lynch analyst Joe Osha said Intel has shown plenty of willingness to go to court in the past, noting the enormous energy Intel spent trying to thwart Taiwan's Via Technologies, which was aiming to offer its own companion chipsets to Intel's microprocessors.

"They would have been better off finding a way to work with them," Osha said.

Osha said Intel has had limited success with its own efforts in the communications chip market.

"They've decided to sue the most successful company (in the market) instead," Osha said.



To: Nick who wrote (4188)8/30/2000 8:49:45 PM
From: Neville H. J. Gorman  Read Replies (1) | Respond to of 6531
 
Yeah! Somewhat my respect for INTC is vanishing. I am still holding it in some conservative accounts. But,
1. they are dropping out of the CDMA One market.
2. they are suing BRCM.
These look like poor efforts to me. I´m by no means an expert. But normally I would think a company would succeed by superior products or marketing. Neither of that I can see at the moment...
Nice price to buy back BRCM, a bit late but still (only my trading position).....

Neville