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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (29636)	9/25/1998 11:39:00 AM
From: Joe NYC	Respond to of 33344

Bob, It looks like IBM is losing CPU customers. I guess NSM figured it would lose more that $55 million selling chips made by IBM. I wonder what kind of assets NSM is transfering to IBM. Also, we can assume now that chips for Compaq will be from NSM fab. Joe

To: FJB who wrote (29636)	9/25/1998 11:55:00 AM
From: Pravin Kamdar	Read Replies (2) \| Respond to of 33344

Bob, What kills me was this quote: "We appreciate IBM's support of Cyrix products to date and we look forward to other opportunities to work with IBM in the future," Bereziuk said. Why? So they can get stuck with obsolete process technology and get reamed out of another $55,000,000? Please sir, may I have another! Give me a break. I'm not sure, but I think I remember that as part of the fab deal, Cyrix had to put up some money for processing equipment. These are probably the assets that they are transferring. Pravin.