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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Petz who wrote (118132)6/28/2000 4:42:00 PM
From: Cory Gault  Read Replies (1) | Respond to of 1578175
 
John:

Good email to AP.. I agree that was horrible reporting. The interesting thing here is that Intel didn't "introduce" anything today nor did they have a "Vapor Launch" (Jim). They basically announced the formal name for Williamette and that is it. Incredibly poor journalism. But I agree with Ted....not the reason for todays selloff. Sell the news on the fed and overall weakness in the chip sector. AMD is also falling victim to profits being locked in at the end of a quarter in my opinion as obviously it has been an outstanding performer throughout the year. If you believe the story and are a long term investor, why worry..in time the stock will come back to new highs as long as AMD continues to execute. It does seem though that on this thread, more so than others, there are an awful lot of people with highly leveraged short term positions...always a risky business.

CG



To: Petz who wrote (118132)6/28/2000 5:00:00 PM
From: Alighieri  Respond to of 1578175
 
Full text of story for reference:
By CLIFF EDWARDS, AP Technology Writer


John

excellent letter. I hope they do something with it. Who the hell is this guy Edwards anyway. He is a technology writer for the Associated Press? So much for competence.

What a crock of excrement.

Al



To: Petz who wrote (118132)6/28/2000 5:09:00 PM
From: xun  Respond to of 1578175
 
John, nice job! Thanks for standing up! <EOM>



To: Petz who wrote (118132)6/28/2000 6:34:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 1578175
 
Petz, RE: Ap reporter.
In another era we would have said: "He don't know shit from Shinola"

Bill



To: Petz who wrote (118132)6/28/2000 6:45:00 PM
From: survivin  Respond to of 1578175
 
Petz, you won!: AP revised article

Great job. I'm sure Mr Edwards has a lot of explaining to do.

Wednesday June 28 6:24 PM ET
Intel Introduces New Computer Chip
By CLIFF EDWARDS, AP Technology Writer

SAN JOSE, Calif. (AP) - Intel Corp. (NasdaqNM:INTC - news) introduced on Wednesday its new high-end Pentium 4 computer chip, formerly code-named Willamette, which runs 50 percent faster than the company's fastest chip so far.

The Pentium 4, which goes on sale this fall, runs at a ``clock speed'' of 1.5 gigahertz, or 1.5 billion cycles per second. The company did not release price or other details on the microprocessor, which is essentially the heart of the computer.

Intel has been competing with Advanced Micro Devices Inc. (NYSE:AMD - news) to produce the fastest central processing unit.

AMD and Intel both introduced chips running at 1 gigahertz in March.

Computers operating at such speeds are essential in a world where new generations of Internet commerce, gaming and entertainment require greater processing power, chief executive Craig Barrett said while unveiling the new name at Intel's Santa Clara, Calif., headquarters.

Some analysts say consumers should wait until software developers catch up with chipmakers before spending additional money on computers using such high performance chips as the Pentium 4.

Intel and other chipmakers, who typically get much of their profits from chips with higher processing power, in the past year have accelerated their rollout of speedier chips because of breakthrough manufacturing technologies.

Much of the existing software on the market today requires far less processing power than the fastest chips provide, although the new chips demonstrably speed up games and graphics.

dailynews.yahoo.com