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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (816)9/25/1998 8:23:00 PM
From: porcupine --''''>   of 1722
 
Advanced Microto unveil new chip - WSJ

NEW YORK, Sept 22 (Reuters) - Advanced Micro Devices Inc.
has developed a chip that could help drive down prices for
portable computers, offering comparable performance to
archrival Intel Corp. for about one-third the price,
the Wall Street Journal reported Tuesday.
AMD, based in Sunnyvale, Calif., Tuesday will announce that
it is shipping a microprocessor for laptop machines that
operates at 300 megahertz, the same speed offered by Intel's
fastest chip for the portable market, the report said.
AMD said customers for the new product include Compaq
Computer Corp. , the No. 1 personal-computer maker, and
other manufacturers that it isn't yet identifying, the report
said.
David Summer, director of product marketing, said the new
K6-300 will sell for $229, compared with $637 for Intel's
300-megahertz Pentium II, the Journal reported.
Where computers based on those Intel chips sell for more
than $3,000, AMD estimated that K6-based portable computers
will sell for $1,999 to $2,499 this fall, the report said.
((-- New York Equity News at 212 859-1700, fax 212-859-1717
or nyc.equities.newsroom@reuters.com))
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