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

To: puborectalis who wrote (70750)	1/9/1999 9:49:00 AM
From: Paul Engel	Read Replies (3) \| Respond to of 186894

Stephen - Re: " Paul,has anyone sat down and figured how much net worth of Intel comes from their investments in other stocks like CMGI,etc? " Funny you should ask. I started doing that yesterday - using what information is available through Intel's publicly announced investments. It will take me about a week or so to complete. However, the SURGE in Internet stocks has BALLOONED Intel's Investments. Here's just a small example: Intel owns 5% of Broadcast.Com plus 946,000 shares of Broadcom Technology. These two ALONE represent $338 Million of investment assets. My guess is that Intel's total is worth between $1.5 to $2.5 Billion - just for the publicly traded companies. Bear in mind that a collapse in Internet Euphoria will greatly reduce these assets. Paul