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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (16060)	1/13/1998 6:58:00 PM
From: Maverick	Respond to of 27012

INTEL CORP unveiled two new mobile Pentium processors with MMX technology, a 266-megahertz processor and a 166-megahertz processor. In a statement, Intel, the world's largest maker of microprocessors for personal computers, said the 266-MHz version is the highest performing Intel mobile processor available today, while the 166-MHz version is the lowest power consuming Intel Pentium microprocessor introduced to date. (Reuters 07:20 PM ET 01/12/98) * The Federal Trade Commission said it would continue to investigate INTEL CORP's $420 million acquisition of CHIPS AND TECHNOLOGIES INC, a leading maker of graphics chips for laptop computers. But facing Intel's announced closing date of the merger, the agency said it would not seek a preliminary injunction to halt the transaction. Instead, the investigation will become part of the agency's ongoing, broad review of Intel's business practices. The FTC reviewed the transaction for more than six months but did not turn up sufficient evidence to convince a court that the deal would hamper competition, sources familiar with the investigation said. (Reuters 10:07 AM ET 01/13/98) For the full text story, see infobeat.com * After market close, INTEL CORP reported 4Q EPS of $0.98 vs $1.06 fully diluted in the prior year period, on revenues of $6.5 bln vs $6.4 bln. Analysts' mean estimates were $0.90, according to First Call. FY EPS were $3.87 vs $2.90 fully diluted in the prior year. (Reuters 04:27 PM ET 01/13/98) For the full text story, see infobeat.com