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To: Elmer who wrote (102740)4/20/2000 7:31:00 AM
From: Road Walker  Respond to of 186894
 
Thursday April 20, 6:03 am Eastern Time
Company Press Release
SOURCE: CMP Media Inc.
3D Conference & Expo Will Showcase Advanced 3D Technology for the Digital Content Creation Environment - Intel to Showcase Forthcoming IA-64 Processor Capabilities
SAN FRANCISCO, April 20 /PRNewswire/ -- CMP Media announced it will host a special event at the upcoming 3D Conference & Expo, to be held May 7 - 11, 2000 at the Santa Clara Convention Center in Santa Clara, California. Intel, the Conference & Expo's Platinum Sponsor, will show a demo of its 64-bit Itanium(TM) processor, running a prototype 64-bit native version of 3D Studio MAX© from Discreet, a division of Autodesk -- an industry leading 3D content creation tool for games, film and video, and the Internet. The Itanium processor is the first product in Intel's IA-64 processor line, which will be in production in the middle of this year.

The Itanium processor-based demo will highlight the features of the processor's ability to enhance the potential of sophisticated 3D software applications. The demo will be shown during a special speaker session by Anand Chandrasekher, Vice President and General Manager for Intel's Workstation Products Group on Wednesday, May 10, 10:30 to 11:15 a.m.

The 3D Conference & Expo is the only forum dedicated to showcasing products and technologies for 3D professionals. The conference provides an immersive educational environment focused on practical techniques for enhancing the creativity and productivity of 3D artists and animators. It will feature more than 60 classes taught by top graphics industry experts and will attract 3D professionals from diverse disciplines interested in learning the latest technologies and techniques to advance their careers. The expo floor will be filled by more than 40 top companies, including: Intel, IBM, SGI, Cycore, Discreet, Alias*Wavefront, 3D Labs and auto*des*sys.

CMP Media Inc. is the leading high-tech media company providing essential information and marketing services to the entire technology spectrum-the builders, sellers and users of technology worldwide. With its portfolio of newspapers, magazines, custom publishing, Internet products, research, consulting and conferences, CMP is uniquely positioned to offer marketers comprehensive, integrated solutions tailored to meet their individual needs. Online editions of the company's print publications, along with products and services created exclusively for the Internet, can be found on CMPnet at cmpnet.com.

NOTE: Intel is a registered trademark, and Itanium is a trademark, of Intel Corporation.

SOURCE: CMP Media Inc.

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To: Elmer who wrote (102740)4/20/2000 7:32:00 AM
From: Felix Appolonia  Read Replies (1) | Respond to of 186894
 
Intel: Buy on the weakness

By Janet Haney, CBS MarketWatch
Last Update: 4:10 PM ET Apr 19, 2000
Also: Silicon Stocks
Hardware Stocks

SANTA CLARA, Calif. (CBS.MW) -- Clueless investors didn't heed
analysts' advice Wednesday to take advantage of weakness in Intel's
stock following its stronger-than-expected earnings.

Intel shares came under pressure amid concerns
about its capacity not keeping pace with product demand. See full story.

Robertson Stephens analysts Dan Niles and Arnab Chanda said in a
research note that the stock's softness should be used to "accumulate
shares," yet investors aren't biting. What gives?

Intel (INTC: news, msgs) was off 8 to 121 in recent trading. Its shares are
off 16 percent from an all-time high of 145 3/8 set on March 22. The
decline in the shares may provide a solid platform for investors to buy into
the technology leader.

"They're going to make a lot of money in the back half of the year, so
we're very bullish on the stock," Niles said. He added that, with some of
the big tech names, investors should take a look at the fundamentals when
shares are down a bit and "not when (a stock is) at its 52-week high."

Additionally, as analyst Erika Klauer at Deutsche Banc Alex. Brown
wrote in a research note: "Quarterly results would have been even higher if
the company had more capacity to take advantage of unseasonably strong
demand." Klauer remains optimistic on the chipmaker's outlook, and she
raised her price target on Intel shares to $167.

Maybe it's time for investors to clue in and buy shares of the world's
largest chipmaker -- before the analysts' price targets are hit.