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


To: Jules B. Garfunkel who wrote (54817)4/30/1998 1:23:00 AM
From: James B. Ditsworth  Read Replies (1) | Respond to of 186894
 
You know, a thought just struck me. Without a whole lot of work, we could combine the talents in this forum and put together a 1-page synopsis of Intel the company and INTC the stock which would be useful for those investors who are perusing this forum with the thought of buying INTC as an investment. The one-page summary could have the same basic elements of an S&P stock report with a financial summary, a technology summary, ..., and pointers to Yahoo graphs/news, etc.

Does anyone else feel this would be worthwhile?



To: Jules B. Garfunkel who wrote (54817)4/30/1998 11:17:00 AM
From: Steve Porter  Respond to of 186894
 
Jules,

The reason that IBM and other aren't liable is actually very simple. The work was done on contract, based on agreed upon specifications and with a clause that should the software fail "not as a result of programming error, but due to external constraints" then the company who did the work would not be sued.

Also there are clauses in there that basically say, we'll do whatever you want, but if it comes back to haunt you, you can go stick it.

Steve




To: Jules B. Garfunkel who wrote (54817)4/30/1998 5:48:00 PM
From: John Koligman  Respond to of 186894
 
Hi Jules,
Interesting point, I never thought of it that way. I really, really doubt that anyone will be able to make a solid case and collect from IBM on this. I think that IBM and others would simply claim this was accepted programming practice at the time and that they could not anticipate that these systems would be around for the length of time that they have been. This is far different than the antitrust issues that administration after administration seems to be so eager to attack with. Besides, if it ever did come to payments, even a small percentage of the dollars involved would most likely bankrupt the major firms in the industry!!

Best regards,
John