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Technology Stocks : Intel Corporation (INTC)

INTC 40.51

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3:59 PM EST

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To: Raymond Thomas who started this subject	8/29/2000 5:15:21 PM
From: andreas_wonisch	Read Replies (1) of 186894

Kumar finally admits things aren't going well at Intel: biz.yahoo.com ``The company is announcing products they cannot ship, and it turns out, do not even work properly.'' ``This is another sign that the 1.13 gigahertz chip is pushing the envelope for an architecture developed for 2 gigahertz speeds,'' he said, pointing out that Intel had missed the transition to copper interconnects on its 0.18 micron process, and was using a core that was five years old. ``Essentially they are pushing an ageing architecture to keep pace with AMD's Athlon, to have bragging rights to the fastest processor,'' he said. ``Intel should have introduced the P4 a long time ago. Their research and development budget is much larger than AMD's. That they can't keep pace with such a small competitor as AMD speaks volumes about the company.'' ``Intel having this reoccur on a constant basis is just stretching the relationships with OEMs,'' he said, referring to original equipment manufacturers such as IBM and Dell.

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