Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.41

+1.1%

Dec 19 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (9717)	10/27/1997 11:09:00 AM
From: roly	Read Replies (2) of 70976

Tito Attached news is encouraging for AMAT. Lower price, more powerful PCs from INTC will spur demand for upgrades of PCs. biz.yahoo.com 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.

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