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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: Ibexx who wrote (57713)6/10/1998 1:52:00 AM
From: Paul Engel  Read Replies (1) of 186894
 
Ibexx - Intel will be launching 450 MHz Pentium II's and 400 MHz Xeons Shortly

Here is the article.

Paul

{======================}
Tuesday June 9, 9:42 pm Eastern Time

Intel to release 450 MHz chip shortly

MINNEAPOLIS, June 9 (Reuters) - Computer chip giant Intel Corp. on Tuesday repeated that it expects to release faster versions of a number of its processors in the next few weeks.

Its flagship Pentium II chip, largely the standard for personal computers priced above $1,200, will be available in a 450 MHz version within weeks. The company is currently shipping 350 and 400 MHz versions.

''We are currently selling as high as a 400 MHz product, and within a matter of weeks you will see a 450 MHz product introduced,'' Gordon Casey, the director of investor relations for Intel, told the Piper Jaffray investors conference here.

The recently release Celeron chip, used in less expensive computers, is currently available in the 266 MHz version, and a 300 MHz version will also be available in a matter of weeks, Casey said.

In addition, the Pentium II Xeon processor will be available later this month, he added. That processor, an advanced high-end product, will replace the Pentium Pro available now.

Last month, Intel said it would delay the release of its next generation processor, code-named Merced, sending Intel stock lower. Volume production of the chip is now expected in mid-2000 instead of late 1999.

The recently released Celeron is ''making very good progress'', Casey said, topping the company's expectations. In late May, International Business Machines Corp. (IBM - news) unveiled a desktop personal
computer based on the low-cost ...[text missing].
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