All Dellheads:
Dell (NASDAQ:DELL) not worried about Intel chip delay
Reuters, Wednesday, June 03, 1998 at 08:10
LANGEN, Germany, June 3 (Reuters) - Dell Computer Corp
(NASDAQ:DELL) said on Wednesday it was not concerned about the
six-month delay in the arrival of Intel Corp's (NASDAQ:INTC)
next-generation Merced processor.
"I'm not really concerned about it," Chairman Michael Dell
said at a news conference. "Actually it gives us a little more
time to get ready for it."
Intel said last Friday that Merced would be available in the
year 2000, six months later than it had previously expected.
The news sparked a drop in Intel shares that dragged down
other technology stocks.
Dell vice Chairman Mort Topfer, in an interview with
Reuters, said he expected Intel to meet the new delivery target
without further delays.
"I think they have a very, very high probability of
achieving that shipment date," he said.
Nevertheless, Dell said six months won't make much of a
difference to his company and the PC industry because Merced is
designed for high-end computers running mainframe-class
programmes that evolve much more slowly than mainstream PCs.
"A change of this magnitude is a very massive one and it
will take time for applications to change," Dell said.
Topfer said: The delay "is going to have a very modest
impact on the industry in general."
Dell noted that his company will offer a machine next year
that runs eight Pentium II processors. "That will give us the
opportunity to grow even without Merced," he said.
frankfurt.newsroom@reuters.com))
Copyright 1998, Reuters News Service
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