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Technology Stocks : Intel Corporation (INTC)

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To: Tony Viola who wrote (133325)	4/25/2001 12:51:15 PM
From: Paul Engel	Read Replies (1) of 186894

Tony & Intel Investors - Intel Demos 2 GHz Pentium 4 at IDF/Taiwan. infoworld.com Intel demonstrates 2GHz Pentium 4 By Sumner Lemon TAIPEI, TAIWAN -- INTEL officials turned up further pressure on rival Advanced Micro Devices by demonstrating a 2GHz version of the Pentium 4 at the Intel Developer Forum here. AMD's fastest processor currently available is the 1.33GHz Athlon launched in March. In addition, Intel on Monday announced the availability of the 1.7GHz Pentium 4 processor at the show. The 2GHz Pentium 4 processor is slated to ship during the fourth quarter of 2001, said Louis Burns, vice president and general manager of Intel's desktop platforms group. While the demonstration of the 2GHz Pentium 4 underscores a growing gap in performance between Intel and AMD processors, Intel is not just competing in terms of performance alone. Intel officials recently announced deep price reductions that are set to take effect April 29. The 1.5GHz Pentium 4, which carried a list price of $637 in March, will see its price cut to $256. The 1.4GHz and 1.3GHz Pentium 4s, which are currently priced at $375 and $268, respectively, will both fall to $193. The 1.7GHz Pentium 4 is priced at $352 in bulk quantities. By comparison, the 1.33GHz Athlon was priced at $350 in March.

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