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

To: Tony Viola who wrote (131450)	4/1/2001 8:51:04 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Tuesday November 21, 8:08 am Eastern Time Press Release Intel and Broadcom Settle Litigation SANTA CLARA & IRVINE, Calif.--(BUSINESS WIRE)--Nov. 21, 2000-- Intel Corporation and Broadcom Corporation (Nasdaq: BRCM - news) today announced they have settled all claims against each other brought under Intel's trade secret lawsuit against Broadcom, filed in California Superior Court in March 2000, and under Broadcom's trade secret cross-complaint against Intel, filed in June 2000. Both companies expressed satisfaction with the terms of the settlement agreement, which are confidential. About Intel Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom. About Broadcom Broadcom Corporation is the leading provider of highly integrated silicon solutions that enable broadband digital transmission of voice, video, and data. Using proprietary technologies and advanced design methodologies, the company designs, develops and supplies integrated circuits for a number of the most significant broadband communications markets, including the markets for cable set-top boxes, cable modems, high-speed local, metropolitan and wide area networks, home networking, Voice over Internet Protocol (VoIP), carrier access, residential broadband gateways, direct broadcast satellite and terrestrial digital broadcast, optical networking, digital subscriber lines (DSL) and wireless communications. Broadcom is headquartered in Irvine, Calif., and may be contacted at 949-450-8700 or at www.broadcom.com. Intel® is a trademark of Intel Corporation in the United States and certain other countries. Broadcom® is a trademark of Broadcom Corporation in the United States and certain other countries. -------------------------------------------------------------------------------- Contact: Broadcom Corporation, Irvine Bill Blanning, (Media), 949/585-5555 blanning@broadcom.com or William J. Ruehle, (Financial Analysts), 949/450-8700 billr@broadcom.com or Intel Corporation, Santa Clara Chuck Mulloy, (Press Relations), 408/765-3484 chuck.mulloy@intel.com or Doug Lusk, (Investor Relations), 408/765-1679 doug.m.lusk@intel.com

To: Tony Viola who wrote (131450)	4/2/2001 1:38:34 AM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

It doesn't seem to be mentioned in the article and should be noted that: Intel invested 5MM in brcm 4 years before it went public. I don't know how much this would translate into in "founders" stock. Brcm has been requested by the sec to and will restate earnings. They were giving there customers warrants in brcm stock in proportion to customer purchases. This could be construed as a disguised discount, not reflected in earnings. Brcm LOST 700MM in fiscal 2000 according to Hoover's. I don't know is this is inclusive or exclusive of the restated earnings. The article does seem to point out that it will be difficult for Brcm to raise additional capital in the current market climate.