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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 686.10-0.5%4:00 PM EST
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To: Iris Shih who wrote (19562)1/22/1999 5:36:00 PM
From: Clint E.  Read Replies (1) of 70458
 
-----One possible reason for INTC's weakness------Jan. Price Cut on schedule------

Friday January 22 5:05 PM ET

Intel To Launch Mobile Chips, Price Cuts Expected

SAN FRANCISCO (Reuters) - Semiconductor giant Intel Corp. (Nasdaq:INTC - news) said it will unveil Monday four
new processors aimed at the mobile computing market, including two new mobile versions of Celeron, its chip family
for the low-end of the PC market.

At a briefing Monday, Intel will unveil two Pentium II processors for the mobile market running at speeds of 333
megahertz and 366 megahertz. The new Celeron chips, which are aimed at mobile computers costing $1,500 and less,
will run at speeds of 266 megahertz and 300 megahertz, Intel said.

Price cuts in the current line of mobile Pentium II chips are also expected. Pricing details were not yet available.

All the new mobile processors will also include L2 cache memory on the processor, instead of separately, further
condensing the packaging of chips for the mobile market and resulting in higher performance. Level 2 cache, usually
external to the microprocessor, is a secondary dedicated bank of high speed memory that helps improve system
performance.
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