IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: Marc Phelan who wrote (4436)	10/27/1997 7:55:00 AM
From: Jim Oravetz	Read Replies (2) of 11555

Looks like Intel may be responding to the C6/C6+ by cutting Pentium prices. I think the C6 still has a big advantage on the power comsumption issue(good for laptops application). IMO, IDT needs to have faster versions(200MHz+) and a major PC producer to go with the C6/C6+ before the stock price will really be influenced in a positive way. ---------------------------------------------------------------------------- Intel to slash Pentium prices 20 pct MUNICH, Germany, Oct 27 (Reuters) - Intel Corp (INTC), the U.S.-based semiconductor group, said on Monday that it planned to slash prices for its popular Pentium processors by an average 20 percent world-wide. The announcement was made by the group's German subsididary, which is based in Munich. Intel had said it would make an announcement on Monday before the New York market opened. A spokeswoman for the company said that the price cut would affect all MMX and Pentium II processors. She said the company was keen to sell these processors into the mass market for home and business users. The price cut could take the price of Pentium II computers to below 3,000 marks, she said, adding that the price reduction had been made possible by the success of current production. The company is due to hold a conference call with press and analysts at 1000 EST/1500 GMT.

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