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To: StockDon who wrote (2135)5/8/2001 3:57:42 PM
From: Scrapps  Respond to of 2404
 
Intel to boost communications with acquisitions-WSJ
NEW YORK, May 8 (Reuters) - Intel Corp. (NasdaqNM:INTC - news) President and Chief Executive Craig Barrett said he would continue building his company's communications business by maintaining an aggressive acquisition strategy, the Wall Street Journal reported in its online edition on Tuesday.

The chip maker, which has spent more than $10 billion on acquisitions in the past two and a half years, told the paper said it has ``been aggressive last year and so far this year and you should extrapolate it (our aggressiveness) going forward.''

The interview was in advance of a speech Tuesday at the Networld-Interop trade show in Las Vegas.

Barrett said the company is looking at smaller acquisitions with key pieces of technology that fit in with Intel's current strategic thrust.

Intel has turned its attention to the communications market as sales have slowed for its microprocessor chips for personal computers, which account for 80 percent of revenues, the paper said.

Separately, Intel said it redeployed employees from its Internet Online Services group to other areas of the company, to help the company cut its headcount by 5,000, the paper said. The company declined to say how many employees were affected, the paper noted.

Shares of Intel closed Monday at $31.16, off a 52-week high of $75.81, up from a year low of $22.25.

biz.yahoo.com



To: StockDon who wrote (2135)5/15/2001 1:37:12 AM
From: Scrapps  Read Replies (1) | Respond to of 2404
 
From Hanaro Telecom Announced 2001 First Quarter Results.

biz.yahoo.com

Although subscriber growth slowed in the first quarter, we expanded our subscriber base significantly in April with monthly net new additions of 117,184, which includes 107,455 broadband subscribers. These April additions are largely attributable to effective sales promotional programs newly initiated for the month of April, which included exemption of installation fees.

As of the end of 1Q01, the proportion of ADSL Pro (up to 8 Mbps) and Lite (up to 1 Mbps) was 14.0% and 86.0% respectively, with 32.5% of ADSL customers subscribing telephony service bundled with ADSL.

Hanaro Telecom plans to add 954 thousand more broadband subscribers in 2001 in order to expand its broadband subscriber base to 2.1 million by the end of 2001.



To: StockDon who wrote (2135)5/18/2001 2:04:11 AM
From: Scrapps  Read Replies (2) | Respond to of 2404
 
"SBC's Whitacre says DSL prices will fall
SBC COMMUNICATIONS INC. Chief Executive Officer Edward Whitacre late Wednesday said his company continues to lose money on digital subscriber line (DSL) service used to offer high-speed Internet access. The nation's second-largest local telephone company recently raised the price for DSL service 25 percent to almost $50 a month to stem the losses, Whitacre said. SBC has about 1 million customers for the service. "We've raised prices for DSL because we were losing a lot of money and we still are," he said during a luncheon at the National Press Club. "But we have to cover our costs and we've been slowed down by regulators....That price will come back down in the future." (Reuters 06:47 PM ET 05/16/2001)"

___________________________________________________________

Now that sounds like a confession to me. An admission they sold below cost to run the CLECs under.

I'd also like to know how they were slowed down by regulators.