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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 101.61+2.8%3:59 PM EST

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To: Zeev Hed who wrote (50802)8/22/2000 6:45:11 PM
From: Jdaasoc  Read Replies (1) of 93625
 
Zeev:

Barrett states "economics will predict what we do." RE RDRAM.

Latest RDRAM prices with both Kingston and Viking lowering prices. All prices PC800 EEC memory.

64_______$213-337
128_______$372-541
256_______$736-1090

For comparison 128 MB PC133 $190. So we are down to 100% premium for RDRAM.

john

cbs.marketwatch.com

Intel unveils Xeon, details Pentium 4

By Lisa Sanders & Janet Haney, CBS.MarketWatch.com
Last Update: 5:24 PM ET Aug 22, 2000 NewsWatch
Latest headlines

SAN JOSE, Calif. (CBS.MW) -- Intel's Developer Forum kicked off Tuesday, tagged as the world's preeminent geek fest by Intel Chief Technology Officer Pat Gelsinger.

CEO Craig Barrett gave a broad overview about the Intel Developer Forum during his opening keynote speech for the three day event Tuesday morning.

"Our job is to make the best possible life preservers to give our customers," Barrett told the crowd. "Customers just want to push a button and have it work."


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CBS MarketWatch Columns
Updated:
8/22/2000 6:11:00 PM ET



Pushing some of those buttons was Albert Yu, senior vice president and general manager Intel (INTC: news, msgs) Architecture Group. Yu highlighted Intel's latest push in the enterprise market, mobile computing and desktop businesses.

Yu said Intel is shipping over 6,000 Itanium processor prototypes, with end-user pilots expected to ship in the fourth quarter. Intel currently has 32-bit and 64-bit capability with its Itanium processor. The world's largest chipmaker said it will start to record revenue for the Itanium in the fourth quarter. General availability for the Itanium will come in the first half of 2001.

Additionally, Yu said Intel's Pentium III Xeon processor, running at 1 gigahertz, is shipping today. The speedy device is targeted at the enterprise market for general purpose servers and workstations.

Yu and other Intel personnel then demonstrated the much-anticipated Pentium 4 - expected to launch in the fourth quarter - calling it the fastest desktop platform in the world. Intel demonstrated a 1.4GHz and 1.5GHz Pentium 4 and even revved one computer up to a whopping 2GHZ, saying, "Moore's Law still works."

The processor, targeted at consumers and business users, is expected to deliver speedy execution and the highest-bandwidth desktop system bus in the industry, the company said.

Three days in San Jose

Event attendees include 500 press and analysts, 150 companies, 137 sessions and 5,000 industry participants from 30 different countries, over the three-day conference and exposition in San Jose, Calif.

In a question and answer session with press following the speeches and demonstrations, Barrett and Yu answered questions pertaining to Intel and the industry.

"We still support RDRAM Rambus," Barrett said, commenting on the hotly-debated topic of whether Intel will continue to support and use Rambus (RMBS: news, msgs) technology or look to other less expensive options. The CEO added that "economics will predict what we do."

Bear Stearns analyst Charles Boucher said after the Q&A session that Intel is open to using other alternatives to Rambus and commented, "They're not closing the door on anything."

Reflecting on the future of the personal computer sector, Barrett said, "Our core business is still healthy, strong and growing," and added the PC business "isn't dead yet."

Boucher also said while the Pentium 4 may ship in the fourth quarter, it may not have any volume impact. He added that Intel will make its financials "comfortably" without the Pentium 4 in the fourth quarter, and will increase with the product in the first quarter.

Intel will hold its Spring 2001 IDF conference in San Jose, Feb. 27 through March 1.

In a press release corresponding with the chip architecture, Intel noted that 75 percent of all deployed Internet servers are based on Intel architecture, citing research firm International Data Corp.

Shares of Intel, which investors bid up before the technology announcement, closed at 72 1/8, up 1/16, after 31.5 million shares changed hands.
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