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To: Pigboy who wrote (2682)	1/13/1998 9:38:00 AM
From: Moonray	Respond to of 2740

A Story: FTC nod seen on Intel's Chips & Tech buy - WSJ Tuesday January 13, 3:58 am Eastern Time NEW YORK, Jan 13 (Reuters) - The Federal Trade Commission is expected to approve Intel Corp's (Nasdaq:INTC - news) $420 million acquisition of Chips & Technologies Inc (Nasdaq:CHPS - news), a leading maker of graphics chips, the Wall Street Journal reported on Tuesday. The newspaper, quoting lawyers familiar with the discussions between the FTC and the companies, said the lawyers expected the agency to allow the transaction to proceed. However, it said, Intel would be put on notice that the agency could take action later and will continue to investigate the industry. The transaction had been delayed by the FTC review, which lasted more than six months and focused on whether Intel could use its near-monopoly in personal-computer chips as well, thus stifling innovation. o~~~ O