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Technology Stocks : Intel Corporation (INTC)
INTC 43.04+1.0%9:30 AM EST

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To: Mary Cluney who wrote (141739)8/16/2001 10:57:16 AM
From: Tony Viola   of 186894
 
Mary, thread, happenings at the upcoming Intel Developers Forum:

Last year, Intel, Microsoft and others in the PC industry launched a strategy to transform computers into the nerve center of home entertainment. With the upcoming release of Microsoft's Windows XP operating system this fall and cheaper Pentium 4 chips on the way, that strategy will begin to kick into high gear. PCs with enhanced video capabilities, for instance, will be nearly inescapable in stores come November.

As part of the home invasion, Intel will release a 2GHz Pentium 4 for desktops Aug. 27, Chandrasekher said. A day earlier, Intel will announce massive cuts to prices on existing chips, several sources have said.

On the laptop front, Intel will demonstrate a mobile Pentium 4 for the first time, Chandrasekher said. The chip will officially come out in the first half of 2002.


Massive price cuts? SOP for years for Intel to cut the older, slower CPUs when introducing a new top chip.

Barrett going fishing:

Two executives who won't speak are CEO Craig Barrett and Chairman Andy Grove. Barrett will be fly-fishing in Mongolia, according to sources, while Grove will be occupied with another matter.

dailynews.yahoo.com

Tony
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