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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: Joe NYC who wrote (113857)10/17/2000 2:20:02 AM
From: denni  Read Replies (3) of 186894
 
the bears are howling:

Heard on the Street
Intel Cuts Prices, Prompts
AMD to Answer the Call
By MOLLY WILLIAMS
Staff Reporter of THE WALL STREET JOURNAL

interactive.wsj.com

To be sure, AMD has been beating Intel to market with faster chips and has been able to produce more of the high-performance chips than Intel, which puts it in a better position than it was in 1998. Plus, Intel's highest-performing chip, the Pentium 4, which is expected out next month, is expensive to make and is expected in only limited quantity in the fourth quarter. That means this chip won't serve as a high-margin offset to price on the low end. So any price war could end up leaving both companies bloodied.
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