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Technology Stocks : Microchip technology (MCHP) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Roso who wrote (300)	4/3/1998 10:31:00 AM
From: Richard Tuck	Read Replies (1) \| Respond to of 475

Frank, I cannot imagine why INTC would buy MCHP. The last thing INTC would want is another 8-bit microcontroller line and commodity non-volatile memories. As a Microchip shareholder I would like to see it, but it seems far-fetched to me. Why did Microchip go to direct sales recently? Were they unhappy with the reps or did they think that the company was big enough to afford a sales staff? Maybe it was those expensive worldwide sales meetings (needed to cut costs by eliminating all the rep attendees). Richard