SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Amendment No. 1
Under the Securities Exchange Act of 1934
CNET, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
12594S 10 5
(CUSIP Number)
F. Thomas Dunlap
Vice President, General Counsel and Secretary
Intel Corporation
2200 Mission College Boulevard
Santa Clara, CA 95052
Telephone: (408) 765-8080
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 10, 1998
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13d-1
(b)(3) or (4), check the following box [ ].
NOTE: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other
parties to whom copies are to be sent.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 (the "Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act.
(continued on following pages)
Page 1 of 10
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CUSIP No. 12594S 10 5 13D/A Page 2 of 10
1. NAME OF REPORTING PERSON Intel
Corporation
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE 94-1672743
PERSON
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [ ]
GROUP (b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS [ ]
IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF 7. SOLE VOTING POWER 638,753
SHARES
BENEFICIALLY 8. SHARED VOTING POWER N/A
OWNED BY
EACH 9. SOLE DISPOSITIVE POWER 638,753
REPORTING
PERSON WITH 10. SHARED DISPOSITIVE POWER N/A
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 638,753
REPORTING PERSON
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [ ]
EXCLUDES CERTAIN SHARES
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 4.1%
(11)
14. TYPE OF REPORTING PERSON CO
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CUSIP No. 12594S 10 5 13D/A Page 3 of 10
ITEM 2. Identity and Background.
(a) Name of Person Filing:
Intel Corporation
(b) Address of Principal Business Office:
2200 Mission College Boulevard
Santa Clara, CA 95052-8119
(c) Principal Business:
Manufacturer of microcomputer components,
modules and systems
(d) Criminal Proceedings:
During the last five years, neither the
Reporting Person nor any executive officer or
director of the Reporting Person has been
convicted in any criminal proceeding.
(e) Civil Proceedings:
During the last five years, neither the
Reporting Person nor any executive officer or
director of the Reporting Person has been party
to any civil proceeding of a judicial or
administrative body of competent jurisdiction
as a result of which such person was or is
subject to any judgment, decree or final order
enjoining future violations of, or prohibiting
or mandating activities subject to, Federal or
State securities laws or finding any violation
with respect to such laws.
(f) Place of Organization:
Delaware
Attached hereto as Appendix A is information required
by this Item 2 with respect to the executive officers
and directors of the Reporting Person. All such
individuals are U.S. citizens, except as otherwise
indicated on Appendix A.
ITEM 5. Interest in Securities of the Issuer.
(a) Number of Shares Beneficially 638,753
Owned:
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CUSIP No. 12594S 10 5 13D/A Page 4 of 10
Right to Acquire: 0 shares
Percent of Class: 4.1% (based on
15,437,072 shares
outstanding)
(b) Sole Power to Vote, Direct
the Vote of, Dispose of, or 638,753 shares
Direct the Disposition of
Shares:
(c) Recent Transactions: Between July 8,
1998 and July 10,
1998, the
Reporting Person
sold 162,500
shares of the
Issuer's Common
Stock for cash in
open market
transactions. The
average price per
share received by
the Reporting
Person was $54.90.
(d) Rights with Respect to
Dividends or Sales N/A
Proceeds:
(e) Date of Cessation of Five July 10, 1998
Percent Beneficial
Ownership:
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CUSIP No. 12594S 10 5 13D/A Page 5 of 10
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated as of July 10, 1998.
INTEL CORPORATION
By: /s/F. Thomas Dunlap, Jr.
F. Thomas Dunlap, Jr.
Vice President, General
Counsel and Secretary
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CUSIP No. 12594S 10 5 13D/A Page 6 of 10
APPENDIX A
DIRECTORS
The following is a list of all Directors of Intel Corporation and
certain other information with respect to each Director:
Name: Craig R. Barrett
Business Address: 2200 Mission College Boulevard, Santa
Clara, CA 95052
Principal President and Chief Executive Officer of
Occupation: Intel Corporation
Name, principal Intel Corporation, a manufacturer of
business and address microcomputer components, modules and
of corporation or systems.
other organization 2200 Mission College Boulevard
in which employment Santa Clara, CA 95052
is conducted:
Name: John Browne
Business Address: The British Petroleum Company plc,
Britannic House, 1 Finsbury Circus, London
EC2M 7BA
Principal Group Chief Executive
Occupation:
Name, principal The British Petroleum Company plc, an
business and address integrated oil company.
of corporation or Britannic House, 1 Finsbury Circus
other organization London EC2M 7BA
in which employment
is conducted:
Citizenship: British
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CUSIP No. 12594S 10 5 13D/A Page 7 of 10
Name: Winston H. Chen
Business Address: Paramitas Foundation, 3945 Freedom Circle,
Suite 760, Santa Clara, CA 95054
Principal Chairman of Paramitas Foundation
Occupation:
Name, principal Paramitas Foundation, a charitable
business and address foundation.
of corporation or 3945 Freedom Circle, Suite 760
other organization Santa Clara, CA 95054
in which employment
is conducted:
Name: Andrew S. Grove
Business Address: 2200 Mission College Boulevard, Santa
Clara, CA 95052
Principal Chairman of the Board of Directors of
Occupation: Intel Corporation
Name, principal Intel Corporation, a manufacturer of
business and address microcomputer components, modules and
of corporation or systems.
other organization 2200 Mission College Boulevard
in which employment Santa Clara, CA 95052
is conducted:
Name: D. James Guzy
Business Address: 1340 Arbor Road, Menlo Park, CA 94025
Principal Chairman of The Arbor Company
Occupation:
Name, principal The Arbor Company, a limited partnership
business and address engaged in the electronics and computer
of corporation or industry.
other organization 1340 Arbor Road
in which employment Menlo Park, CA 94025
is conducted:
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CUSIP No. 12594S 10 5 13D/A Page 8 of 10
Name: Gordon E. Moore
Business Address: 2200 Mission College Boulevard, Santa
Clara, CA 95052
Principal Chairman Emeritus of the Board of Intel
Occupation: Corporation
Name, principal Intel Corporation, a manufacturer of
business and address microcomputer components, modules and
of corporation or systems.
other organization 2200 Mission College Boulevard
in which employment Santa Clara, CA 95052
is conducted:
Name: Arthur Rock
Business Address: One Maritime Plaza, Suite 1220, San
Francisco, CA 94111
Principal Venture Capitalist
Occupation:
Name, principal Arthur Rock and Company, a venture capital
business and address firm.
of corporation or One Maritime Plaza, Suite 1220
other organization San Francisco, CA 94111
in which employment
is conducted:
Name: Jane E. Shaw
Business Address: 1310 Orleans Drive, Sunnyvale, CA 94089
Principal Chairman and Chief Executive Officer
Occupation:
Name, principal AeroGen, Inc., a private company
business and address specializing in controlled delivery of
of corporation or drugs to the lungs
other organization 1310 Orleans Drive
in which employment Sunnyvale, CA 94089
is conducted:
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CUSIP No. 12594S 10 5 13D/A Page 9 of 10
Name: Leslie L. Vadasz
Business Address: 2200 Mission College Boulevard, Santa
Clara, CA 95052
Principal Senior Vice President, Director, Corporate
Occupation: Business Development, Intel Corporation
Name, principal Intel Corporation, a manufacturer of
business and address microcomputer components, modules and
of corporation or systems.
other organization 2200 Mission College Boulevard
in which employment Santa Clara, CA 95052
is conducted:
Name: David B. Yoffie
Business Address: Harvard Business School, Morgan Hall 247,
Soldiers Field Road, Boston, MA 92163
Principal Max and Doris Starr Professor of
Occupation: International Business Administration
Name, principal Harvard Business School, an educational
business and address institution.
of corporation or Harvard Business School
other organization Morgan Hall 247,Soldiers Field Road
in which employment Boston, MA 92163
is conducted:
Name: Charles E. Young
Business Address: 10920 Wilshire Boulevard, Los Angeles, CA
90024
Principal Chancellor Emeritus
Occupation:
Name, principal University of California at Los Angeles,
business and address an educational institution.
of corporation or 10920 Wilshire Boulevard
other organization Los Angeles, CA 90024
in which employment
is conducted:
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CUSIP No. 12594S 10 5 13D/A Page 10 of 10
EXECUTIVE OFFICERS
The following is a list of all executive officers of Intel
Corporation excluding executive officers who are also directors.
Unless otherwise indicated, each officer's business address is
2200 Mission College Boulevard, Santa Clara, California 95052-
8119, which address is Intel Corporation's business address.
Name: Paul S. Otellini
Title: Executive Vice President, Director, Intel
Architecture Business Group
Name: Gerhard H. Parker
Title: Executive Vice President, General Manager, New
Business Group
Name: Albert Y. C. Yu
Title: Senior Vice President, General Manager,
Microprocessor Products Group
Name: Andy D. Bryant
Title: Vice President and Chief Financial Officer
Name: F. Thomas Dunlap, Jr.
Title: Vice President, General Counsel and Secretary
Name: Sean M. Maloney
Title: Vice President, Director, Sales and Marketing Group
Name: Arvind Sodhani
Title: Vice President, Treasurer
Name: Michael R. Splinter
Title: Vice President, General Manager, Technology and
Manufacturing Group
