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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (271)4/30/1998 10:13:00 AM
From: porcupine --''''>  Read Replies (1) of 1722
 
Intel cuts prices on mobile processors

SAN FRANCISCO, April 28 (Reuters) - Intel Corp said it cut prices on
its Pentium and Pentium II processors for mobile computers, ranging
from eight percent up to 42 percent.

The price cuts for mobile computing chips come just two weeks after
Intel cut prices on some of its desktop processors, which it did at
the time it launched its two fastest versions of the Pentium II on
April 15.

Intel cut prices for its 266 megahertz and 233 megahertz version of
the Pentium II for mobile computers, processors that the chip giant
just launched on April 2.

''The timing of these price moves gives us the flexibility to meet the
individual needs of the mobile market segment,'' Intel said in a
statement.

Santa Clara, Calif.-based Intel cut the price of the 266 megahertz
version Pentium II with a mini-cartridge to $637 from $696 in
quantities of 1,000 units, an eight percent drop. Intel cut the price
of its 233 megahertz Pentium II for mobile PCs to $391, from $466
previously, a 16 percent drop.

Intel also cut the prices on its Pentium chips with MMX technology for
mobile computers. For example, it cut the 266 megahertz version of the
Pentium Mobile with MMX by 25 percent to $348, from $466
previously, in quantities of 1,000.

The 233 megahertz version of the Pentium Mobile with MMX was
dropped 41 percent to $213, from $359 previously and the 200
megahertz version of the Pentium Mobile with MMX was dropped 42 percent to $134 from $230 previously.
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