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Technology Stocks : Intel Corporation (INTC)

INTC 33.62

-4.2%

3:59 PM EST

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To: Tony Viola who wrote (53152)	4/14/1998 7:59:00 PM
From: Ibexx	Read Replies (1) of 186894

Tony and thread, Tuesday April 14, 6:29 pm Eastern Time Compaq plans PCs based on Celeron chip NEW YORK, April 14 (Reuters) - Compaq Computer Corp said Tuesday it plans to announce several new personal computers incorporating Intel Corp's (INTC - news) new Celeron microprocessor, a low-priced chip aimed at inexpensive home systems. Details and pricing for the new systems were not immediately available, but a spokeswoman for Compaq said the company would announce the systems in conjunction with Intel's launch of the Celeron product line. Some analysts had speculated that Celeron would not receive universal support from PC companies, and that some top names in the industry, like Compaq, might not produce systems build around the chip. Intel is scheduled to launch the Celeron and disclose pricing for the chip on Wednesday. Ibexx

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