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To: 44magnumpower who wrote (8196)10/31/2000 3:54:01 PM
From: 44magnumpower  Respond to of 14451
 
Intel's price cuts to their Pentium III, Celeron, and Xeon processor lines. One of the larger cuts, the current top of the line 1 GHz Pentium III was slashed 31% from $669 to $465. Meanwhile, the 933 MHz PIII dropped from $508 to $348, a 32% price cut.
The 700 MHz Celeron was cut from $138 all the way to $88, a 36% reduction. The 650 MHz version fell just below that figure, to $83. The 650 MHz mobile Celeron dropped 26 percent, from $181 to $134.
Finally, at the high-end of Intel's product line, 1 GHz Xeons were cut from $719 to $515.



To: 44magnumpower who wrote (8196)10/31/2000 4:15:33 PM
From: 44magnumpower  Read Replies (1) | Respond to of 14451
 
Rambus Shares PLUNGE Amid Intel Concerns
NEW YORK (Reuters) - Shares of memory chip designer Rambus Inc. (NasdaqNM:RMBS - news) tumbled on Tuesday after an online trade magazine said chip-making giant Intel Corp. (NasdaqNM:INTC - news) would phase out its use of most Rambus technology.
Rambus shares were down over 16 percent, or $8-5/8 to $44-13/16 on Nasdaq. Rambus is known as one the most volatile stocks on the market. It has traded in a 52-week range of $127 to $16-3/8.
Electronic Buyers' News said it had obtained a document that showed Intel's plans for its future support of Rambus technology.
``According to the document, Intel will phase out the slow-selling Direct RDRAM-enabled 820 chipset in the first quarter of next year, while the yet-to-be introduced Intel 850 chipset will be dropped in the middle of the third quarter.
``At that time, Intel's sole remaining Rambus chipset will be an enhanced 850 device code-named Tehama-E, which the company is rolling out for workstations and PCs costing more than $2,000,'' the magazine said.
Intel, however, disputed the trade magazine.
What has changed though is Intel's planned use for Rambus technology. Sullivan said that five years ago, Intel figured at the time that Rambus memory technology would be used in even low-cost personal computers.
SG Cowen analyst Mark Grossman said the ``article confirms our cautious stance on Rambus.'' Grossman has a ``neutral'' rating on the stock.