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To: Tony Viola who wrote (19867)	8/30/1999 5:26:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 25814

Brief mention of LSI at the end of article on Intel Developer Forum 1999: forbes.com Will the Intel love fest answer all the questions? By Om Malik NEW YORK. 10:30 AM EDT?Intel Corp. (nasdaq: INTC), the world?s largest processor-maker is about to put on the greatest show on earth--the Intel Developer Forum 1999, scheduled to start tomorrow in Palm Springs, California. The forum, an annual gathering of the Intel faithful--both in Silicon Valley and on Wall Street--is when Intel announces its new cool technologies, radical personal computer designs and super fast chips. Or so has been the case since the Forum first began. The 3-day 1999 Forum, dubbed "Advancing the Internet," however will be a lot different. For starters, this is the first time in many years that Intel does not hold the mantle of maker of the fastest PC chip in the world. This year that crown goes to the thorn in Intel?s side, Advanced Micro Devices (nyse: AMD), which rules the roost with its speedy Athlon-chip running at 650 MHz. The Athlon-based systems are AMD?s first ever attack on the lucrative business computer market which Intel has more or less monopolized for the past few decades. "Intel?s fate is in AMD?s hands and the price wars can be a killer," says Daniel Niles, semiconductor analyst at BancBoston Robertson Stephens in San Francisco. He thinks that while in the third quarter Intel has little or no competition, in the fourth quarter when AMD starts to push Athlons? into the market, things could get troublesome for the chipmaker. AMD, in the long run might be a smaller issue, though, for the real threat to Intel is the growing popularity of low-cost personal computers, which is forcing Intel to sell less-expensive Celeron chips. As if that weren't enough, the Internet and the forces it has unleashed, have put a big question mark on Intel. This year?s gathering, officially dubbed "Advancing the Internet," is Intel hype-machine?s effort to redefine a PC company as the cool giant of the Internet era. Dr. Craig Barrett, the chief executive officer of Intel will focus on the Internet in his keynote speech, "Changing the world of commerce and communications." Skeptics on Wall Street dismiss this Internet talk as "posturing." Others, though not as harsh, are calling this year?s forum, "old wine in a new (Internet) bottle." "I think there is nothing major coming out at the forum this year, and don?t expect Intel to make any new major announcements," says Jon Joseph, semiconductor analyst at Salomon Smith Barney in San Francisco. Nevertheless, the stocks of some companies could see an upward movement when the Forum starts, including Intel. Analysts say that the annual fiesta pushes Intel stock up by a couple of points every year, and 1999 will be no different even though the chip giant is trading at $83 a share, up significantly from its 1999 split-adjusted low of $50. Nvidia (nasdaq: NVDA), a maker of 3D graphics chips is one example. Nvidia could see its stock nudge higher, as the company is expected to announce its high-end chip, NV-10, at the forum. In addition, Wall Street is expecting LSI Logic (nyse: LSI) to rise as the company announces its storage strategy, and how it expects to compete with its rival, EMC Corp. (nyse: EMC).