USRX might be down because of this (only a guess). Last time when the software modem news was regurgitated, USRX was also down several points.
Intel Sales Seen Swelling With Mmx
Received: January 07, 1997 11:00am EST From: REUTERS
SAN FRANCISCO - Intel's new multimedia chip, which will hit the
market tomorrow in retail personal computers, should dramatically
boost Intel sales for 1997 and beyond, analysts say.
Analysts are predicting that Intel could sell 30 million to 45
million MMX chips this year - accounting for perhaps half of the
microprocessor units it sells this year.
Intel plans to steadily increase production of the chip, whose
product name is the P55C.
"We expect to see a healthy ramp in volume," Frank Spindler,
marketing manager for the Pentium processor, said. "I think we will
see strong demand immediately primarily in the premium price
segment."
Analyst Drew Peck of Cowen & Co today raised his estimates of
Intel's 1997 earnings by $0.90 a share to $7.80 and said about half
of that increase is attributable to expected MMX demand.
"The impact of the MMX in the short term will be significant.
Longer term the impact is far more subtle," Peck said, "By virtue of
Intel introducing MMX, PC prices will fall, PC makers will sell more
PCs and Intel more processors."
Because the MMX allows the processor to perform the functions of
a modem, for instance, or a graphics card, Peck believes the
introduction of the MMX will force vendors of modems and graphic
cards and other semiconductor-based multimedia solutions to slash
prices to stay competitive. |
