Word: intel
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Then came the rise of dotcoms. Richard believed satellite transmission of the Internet to TV sets in China and India would be his future, and his Pacific Century Group got $50 million in backing from Intel for that dream in 1998. His next big deal was to develop a high-tech "Cyberport" on a prime piece of land donated by the Hong Kong government--without, strangely, the territory's usual process of taking bids from potential developers. He then created Pacific Century CyberWorks through a so-called back-door listing on the Hong Kong exchange, a procedure in which...
...investors waving their fists at Judge Jackson for his ruling against Microsoft Monday afternoon. But as the market rebounded in the second half of trading Tuesday, it became more and more clear that the long-inflated NASDAQ may simply be approaching normalcy, with profitable firms such as Cisco and Intel bouncing back to respectable numbers while overinflated "dot-coms" stayed in the gutter...
...collar. Say you own 100 shares of Intel, trading last week at $120. You can buy a January 2001 put option at $110 for $13.50 a share and sell a January 2001 call option at $140 for the same price. Your net cost is zero. Together those options mean that you can sell for $110 no matter how low Intel goes but that you'll never get a dime more than $140. Not a bad insurance policy if you suspect trouble...
Americans have been impressed. Among those who have backed the three former investment bankers are blue-chip names like Intel and the Times-Mirror group. Yahoo is also looking at a points system to reward online loyalty to its Asian sites, and Singapore's big Net service provider, Pacific Internet, has a similar program...
Still, some corporate technology giants like Intel and Sun Microsystems fund DEAS research--often providing no more than a single sentence designating what the money should be used...