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

To: Proud_Infidel who wrote (140754)	8/7/2001 5:35:52 AM
From: Amy J	Respond to of 186894

Hi Brian, in an interview, Gordon Moore said one of his biggest concerns for the well-being of the US was (paraphrasing) IP transfer to overseas engineering. I completely agree with his assessment and am surprised more industry leaders don't give this further consideration. So far, in the software industry core IP technology hasn't been exported overseas, only IT type of work or non-core applications for the most part have. So, I was a bit concerned when I saw your post below about the network design center that Intel is creating in Malaysia. Design centers (sound like they) are core, not IT. I don't want to see this country lose any core IP. If we did, this would impact investors, including those outside of the US. Investors from all over the world can put great trust in the US financial systems to provide companies that obey SEC rules in order to ensure our financial system is not corrupt but rather trustworthy for investors. The same cannot be said of many foreign financial systems whose systems are not well-regulated. We may complain about SEC here, but our financial systems are heaven compared to what folks have overseas. I'm also not interested in being an investor that's one-step removed from investments that are in foreign countries, which is ultimately what would happen if US companies allow core IP migration to occur. I hope Gordon Moore grills Barrett on this design center and finds out exactly just how core this technology is. I suspect it's not too core. While I've complained about the expenses being high in that "Other" category, I don't want to see rash cost-cutting that results in the transfer of core IP to foreign countries that negatively impacts the long-term future of world-wide investors. I'm in this for the long-haul, not just for one quarterly earnings report. I'll accept a bad earnings report any day over risking the LT future. Intel to Open Center in Malaysia KUALA LUMPUR, Malaysia (AP) - Intel Corp. (NasdaqNM:INTC - news) announced plans Thursday to open its new network processor design center in Malaysia, the first in Asia for the world's leading maker of computer chips