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

To: Tony Viola who wrote (102121)	4/6/2000 9:42:00 PM
From: Felix Appolonia	Read Replies (1) \| Respond to of 186894

Tony Following article says Timna, Itanium, Willammette in second half of 2000. Felix ************************************************************ biz.yahoo.com pm Eastern Time Intel By Sue Zeidler LOS ANGELES, April 6 (Reuters) - As the new Internet economy moves out of its infancy, businesses will have little room for slack in margins, inventories or time, according to Intel Corp. (NasdaqNM:INTC - news) Senior Vice President Sean Maloney. ``We're going to see a lot of attention returned to cost- effectiveness and efficiencies,' Maloney said during his keynote speech at Spring Internet World 2000. In fact, he noted, that, as companies adapt to e-Business en masse, these ``old economy' concerns will be even more important than before the arrival of the ``new economy.' Indeed, Maloney said these concerns have helped spark demand for the new slate of e-business communications products and services rolled out in February by Santa Clara, Calif.- based Intel, the leader of the microprocessor industry. ``We're seeing strong demand in the wide spectrum of networking products. We're seeing incredible interest in our e-commerce accelerator and e-commerce director,' he said in an interview after they keynote speech. Maloney demonstrated these products, which improve e-commerce transaction capabilities, during his keynote speech. He declined to forecast sales for its networking business because Intel is currently in a quiet period ahead of earnings, due to be reported on April 18. Intel itself has become an E-business. Maloney said company continues to do an average of about $1 billion in sales over the Web each month and is expected to hit its goal of having nearly 100 percent of its customers online by the end of the year. ``It's going to get to the point that most of our business will be done that way, although there will still be a few customers who may want to fax or phone,' he said. When asked if Intel was concerned by rival Advanced Micro Devices Inc.'s (NYSE:AMD - news) rosy sales forecast of first quarter sales topping $1 billion, Maloney said Intel remained upbeat about its upcoming chip offerings. ``Its always helpful to look at ourselves rather than our competitors. We're very confident about our products roadmap for 2000,' he said. He said Intel was on track to introduce its Timna, Itanium and Willammette chips in the second half of this year.