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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (4586)	9/29/2000 8:32:16 PM
From: Dealer	Read Replies (2) \| Respond to of 65232

INTC--Intel Sees Pentium 4 Launch by End of Year NEW YORK (Reuters) - Chipmaker Intel Corp. (NasdaqNM:INTC - news) said on Friday it plans to ship its long-awaited Pentium 4 processors by the end of the year, following a report that some of its clients are frustrated by delays. ``The target that we've given is the second half of the year, and that's still the case,'' said Intel's director of public relations, Tom Waldrop. ``We haven't publicly given a specific date. We have of course communicated with our customers.'' According to CNET Networks, personal computer makers have complained that Intel has delayed delivery of the Pentium 4 processor. CNET reported on its Web site on Thursday that the unidentified sources said Intel's planned Oct 30 release date has been postponed until the week of Nov 20 and possibly later. One PC maker said Intel was unable to give a firm date for the processor's release. Others said Intel had told them absolutely it would ship three weeks late. A week ago, Intel warned that third-quarter revenue would fall below forecast, sending its shares tumbling. Waldrop said he could not comment on business conditions as the company has observed a quiet period since last week's earnings pre-announcement. Shares of Intel fell $2-7/8 on Friday to close at $41-9/16 in Nasdaq trading. The stock's 52-week range is between $32-1/2 and $75-13/16.