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Technology Stocks : Intel Corporation (INTC)
INTC 39.36-0.1%3:59 PM EST
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To: Paul Engel who wrote (142106)8/21/2001 2:04:15 PM
From: Elmer   of 186894
 
At its semiannual developers conference next week, Intel will also outline plans for an aggressive push to even higher speeds for its Pentium 4 processors in the next several years.

Analysts expect the world's largest chipmaker to introduce the 2 GHz Pentium 4 for $560 and a 1.9 GHz version for $375, prices for topofthe line processors that are much lower than in the past. As recently as a few years ago, Intel's speediest chip would come out at a price closer to $1,000, analysts said.

Those prices will drop even further at the end of October, said analyst Mark Edelstone of Morgan Stanley Dean Witter. He estimates that the 2 GHz Pentium 4 will tumble 28% to $400 and the 1.9 GHz chip will fall 27% to $275.

The fastest Pentium 4 on the market now, which runs at 1.8 Ghz, costs $562.

Molly Williams, The Wall Street Journal; 4157656118
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