Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Engel who wrote (57204)	6/4/1998 10:25:00 PM
From: Maverick	Respond to of 186894

U.S. FTC to vote on Intel antitrust matter June 8 WASHINGTON, June 4 (Reuters) - The U.S. Federal Trade Commission Thursday set a meeting for noon (1600 GMT) on Monday, June 8 to vote on antitrust action against Intel Corp.(INTC - news). The FTC's official ''sunshine phone'' recorded message announced the meeting had been set to consider an ''enforcement action.'' A source had earlier told Reuters the FTC would be voting early next week on the Intel matter. The FTC has conducted a month's long investigation of Intel. If the five-member FTC commission Monday approves a staff proposal to file suit, it is expected to then submit a relatively narrow antitrust action against Intel. However, the FTC will continue to investigate Intel to lay the groundwork for possible broader action later, sources have said. Intel declined to comment at this time. ''We don't have any comment,'' said Chuck Mulloy, an Intel spokesman. ''We will wait after they vote on Monday.''