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

To: gnuman who wrote (49321)	3/4/1998 12:07:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 186894

Gene. Re: Just a wild shot. Well, hopefully that's all it is. 1 billion dollars. CPQ has already all the confidence in the world on WS with the DEC deal. Maybe they would invest 1 million and IBM the rest? That would be my wild shot on that scenario. gg. That way CPQ would drop only a couple more points? Sonny

To: gnuman who wrote (49321)	3/4/1998 12:14:00 PM
From: Barry A. Watzman	Read Replies (2) \| Respond to of 186894

This sounds VERY plausible (IBM or Compaq going to invest $1 billion in AMD). You are correct, at one time IBM made a large investment in Intel (in fact, I think that they owned 15% of the entire company, with an option to buy more, and it wasn't that long ago, either, it was in the 90's -- then they sold it; talk about bad moves). Unlike an open market sale, if I were an AMD investor, I'd probably view this as positive, notwithstanding the dilution. Could lead to a complete buyout at a later date, a way to get rid of Jerry (or at least control him), all probably good for AMD, and unclear in terms of their impact on Intel (if PII kills socket 7 in the next 6 months, it's probably not going to matter). Vicki, you might want to reconsider your short position.