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

To: kapkan4u who wrote (171549)	10/11/2002 1:35:12 AM
From: L. Adam Latham	Respond to of 186894

kap: I did a little more research on the Intergraph suit in Texas. Here's what was written in Intel's 2001 annual report: "In August 2001, Intergraph filed a second suit in the U.S. District Court for the Eastern District of Texas, alleging that the Intel® Itanium™ processor infringes two Intergraph microprocessor-related patents, and seeking an injunction and unspecified damages. Intergraph has withdrawn its request for damages and, consequently, Intergraph's sole requested remedy is an injunction that would prohibit Intel from making, using or selling Itanium processors. If granted, such an injunction would significantly limit Intel's ability to succeed in the enterprise server market segment for 64-bit processors. The Texas suit is currently scheduled for trial before Judge Ward, sitting without a jury, in July 2002. The company disputes the plaintiff's claims and intends to defend the lawsuit vigorously." It looks Intergraph originally wanted to shut down Itanium production, but now has backed off and has settled for a monetary award. Intel may need to take a charge in Q4, but it won't affect Q3 results, which ended on 9/30. Adam

To: kapkan4u who wrote (171549)	10/11/2002 2:35:56 AM
From: richanfamus	Read Replies (3) \| Respond to of 186894

""This ruling validates Intergraph's patents, and paves the way for Intergraph's Intellectual Property (IP) Division to actively pursue open licensing with others throughout the consumer electronics and computer industries," said Intergraph chairman and CEO Jim Taylor, in a statement. " You know what that means, don't you? Yes - next stop - AMD. How much of AMD's rapidly shrinking $1 Billion in cash will be sucked up by Intergraph? $100 million? $200 million? $300 Million?