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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Burt Masnick who wrote (93322)	12/2/1999 5:32:00 PM
From: Tony Viola	Read Replies (2) \| Respond to of 186894

Burt, according to this version of the story, Dell couldn't even reproduce the problem. Dell said on Thursday that it has resumed taking orders and is about to start manufacturing and shipping its Optiplex GX 110 PCs after a brief hiatus. ``We plan to be in production tomorrow,' said Ken Bissell, a spokesman for the Round Rock, Texas-based Dell. ``Our testing found no problems, no issues with the processor.' dailynews.yahoo.com ============================================================ Thursday December 2 5:09 PM ET Intel Shares Shrug Off Latest Chip Bug SAN FRANCISCO (Reuters) - Shares of Intel Corp. (NasdaqNM:INTC - news) rose slightly on Thursday, shrugging off the company's disclosure of a bug in a small percentage of its new Pentium III processors that interferes in the PC boot-up process. On Wednesday, the world's largest chip maker said it had found a bug, or ``erratum,' in 1 to 2 percent of its new Pentium III family, introduced on Oct. 25. Many people in the industry still refer to the new Pentium III processors by their code name, Coppermine. The flaw slows down the booting-up process. When a PC is turned on, it may not boot up immediately but then boots up on the second attempt, Intel said. A company spokesman said that so far this had occurred only in a laboratory setting. Dell Computer Corp. (NasdaqNM:DELL - news) temporarily halted shipments of some of its systems that have the new Pentium III chips, while it performed its own tests. Dell said on Thursday that it has resumed taking orders and is about to start manufacturing and shipping its Optiplex GX 110 PCs after a brief hiatus. ``We plan to be in production tomorrow,' said Ken Bissell, a spokesman for the Round Rock, Texas-based Dell. ``Our testing found no problems, no issues with the processor.' U.S. Bancorp Piper Jaffray analyst Ashok Kumar called the disclosure of the bug and the ensuing news reports ``much ado about nothing.' He reiterated a ``strong buy' rating on Intel. ``Unlike the Pentium floating point incident, there is no data corruption, there is no data loss,' Kumar said. He was referring to a bug Intel found in the Pentium chip in 1994 that led to the company taking a charge in 1995 of $475 million to cover costs of replacing the chip. Even in PCs where the Pentium III problem occurred, it did not occur repeatedly, the analyst said. Kumar said the bug was ``insignificant to the end user.' Intel shares closed up 1-1/4 to 77-9/16 in active trade on the Nasdaq stock market.