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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (30790)	6/5/2006 9:35:48 AM
From: sixty2nds	Read Replies (1) \| Respond to of 95456

09:12 INTC Intel reportedly will sell money-losing communications units - San Jose Mercury News (18.23 ) Mercury News reports as the co focuses on its core microprocessor business to pull out of its slump, the chip giant has put several of its money-losing communications businesses up for sale, according to sources who have seen details of the plans. Co spokesman Robert Manetta declined to comment when asked about the potential sales. The Mercury News received details from sources who have seen documents describing the businesses for sale and spoke on the condition they not be identified. The decision to sell off some of these businesses is tantamount to an admission that the co's biggest diversification effort in its decades of existence turned out to be a failure. The groups for sale include: 1) the co's communications processor business, including the IXP network processor and communications processor families for communications gear; 2) the co's Xscale business, which includes applications processors for cell phones and chips for BlackBerrys, smart cell phones, handheld computers and portable media players. Other co communications businesses are also for sale, for the right price, according to industry sources. And it remains to be seen what the co will do with its other money-losing businesses, Itanium microprocessors and flash memory chips.