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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?

To: Gutterball who wrote (5066)	4/1/1998 6:34:00 AM
From: Hiram Walker	Read Replies (1) \| Respond to of 14464

Dan, INTC is planning on spending 1 billion on Korean companies,looks to me like Samsung will get a big cash infusion. ] ------------------------------------------------------------------------ Wednesday April 1, 4:54 am Eastern Time Intel says buying $800 mln Korea components SEOUL, April 1 (Reuters) - Intel Corp said on Wednesday it plans to buy up to $1 billion worth of computer chips and components from South Korean companies this year. ''What we can clearly say is that Intel plans to buy $800 million to $1 billion worth of components from Korean firms this year,'' said Intel Korea spokeswoman Oh Meerye. Intel president Craig Barrett met South Korean President Kim Dae-jung on Monday to discuss the U.S. semiconductor giant's plans for the country. South Korean media quoted a presidential spokesman as saying after the meeting that Intel planned to invest between $500 million and $1 billion in computer-related South Korean companies. Intel officials have declined to give details on the company's investment plans. In a news conference on Monday Barrett several times declined to comment on Intel's investment plans. ''Yes, we're interested in talking to Korean companies but right now all those conversations are confidential,'' Barrett said. South Korean media have reported Intel and Samsung Electronics (SAGR.CN) were discussing an investment by Intel of as much as $1 billion into the Korean firm. Samsung officials have suggested such discussions are under way. In the Philippines on Tuesday, Barrett said Intel expected to invest up to $1.0 billion in that country between 1996 and 2000. Well, lets connect the possible dots,INTC buys Alpha chip from DEC,plans on doubling the speed from 600 MHZ to 1.2 GHZ in 2 years. CPQ buys out DEC,and will be using the Alpha processors in servers. INTC buys out CPQ,and creates a behemouth computer company. INTC invests 1 billion in Samsung,pushing EDSRAM to JDEC,and setting up the fastest possible combination known to man. Haven't even daydreamed about FRAM yet,but you guys are,and doing a great job. Hiram

To: Gutterball who wrote (5066)	4/1/1998 12:38:00 PM
From: Dreighton Rosier	Read Replies (1) \| Respond to of 14464

DUPLICATION ALERT!!!! Great intentions, Dan. I thought everyone was aware someone with the handle TokyoMex (?) started a RCOM thread on 2 Feb 98. Link is below: www3.techstocks.com