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


To: puborectalis who wrote (156911)1/25/2002 7:12:20 PM
From: wanna_bmw  Respond to of 186894
 
Fallope, Re: "Intel acquired GIGA A/S in March 2000 for about $1.25 billion; and its April 2001 acquisitions of Cognet for $183 million and nSerial for $54 million were added to the company's 1999 acquisition of Level One Communications for $2.7 billion to form the bulk of its optical products group (OPG) (see Intel Still Seeking Startups )."

I have kept careful track of these acquisitions, myself. The AMDroids call it money down the toilet, just because there is no immediate product to show for it. However, I believe that opto-electronics are going to have a significant place in the future, and Intel will be the leading company driving this technology. A few years down the road, and Intel's networking and communications divisions will really take off. That's been my prediction for a while now.

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