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

To: Tony Viola who wrote (78920)	4/13/1999 7:27:00 PM
From: greenspirit	Respond to of 186894

Tony, Article... Intel To Invest In Speech Recognition April 13, 1999 INFORMATIONWEEK : Intel (INTC-Nasdaq) plans to invest $30 million in Lernout & Hauspie Speech Products (LHSP- Nasdaq), a leading speech-recognition software vendor based in Belgium. After completing due diligence and getting regulatory ap- proval, Intel will acquire nonvoting securities that will be convertible to L&H common stock. Intel has been investing regularly in technologies that require a lot of processing power. But analysts say this deal is about more than boosting demand for Intel's chips. "These two companies are exploring a lot of strategic opportunities," says Donald Newman, an analyst with Ladenburg Thalmann. "By working together, they can better exploit the Internet and E-commerce." L&H also said that its revenue for 1998 rose 113% from the previous year to $211.6 million. Net income, excluding one-time charges, was $37.8 million, up 89% from 1997. However, when one-time charges are included, the company lost $52.7 million-nearly four times its $13.3 million loss in 1997. By Tom Davey

To: Tony Viola who wrote (78920)	4/13/1999 7:31:00 PM
From: Jill	Read Replies (2) \| Respond to of 186894

Thanx for the cogent summary, Tony Jill

To: Tony Viola who wrote (78920)	4/13/1999 7:33:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 186894

Tony, Thanks muchly for the synopsis. Regards, Ibexx

To: Tony Viola who wrote (78920)	4/13/1999 7:40:00 PM
From: philipah	Respond to of 186894

Tony - Here's MSNBCs take on today's release: upsidetoday.com Thanks for your post. P