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Technology Stocks : Intel Corporation (INTC)

INTC 37.04

-0.6%

11:58 AM EST

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To: Glenn D. Rudolph who wrote (64729)	9/14/1998 2:20:00 PM
From: Burt Masnick	Read Replies (3) of 186894

All, INTEL lowered prices today on its high end processors, even the Pentium MMX while holding prices steady on its Celeron line. The 450, 400 and 350 MHz PIIs all had meaningful price drops. I take this to mean that Celeron sales are excellent and yields are outstanding on the PII lines (that may be the optimist in me). I note that Intel is up a bit today and AMD is down a point and change right now. Probably not good news for Sanders and company. Was this cut expected today? Burt

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