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To: Tito L. Nisperos Jr. who wrote (54732)10/28/2001 1:49:44 AM
From: StanX Long  Read Replies (3) | Respond to of 70976
 
Intel, AMD Planning to Cut Computer Chip Prices Next Week

Friday, October 26, 2001

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SAN FRANCISCO — Reflecting a continuing price war between Intel Corp. and Advanced Micro Devices Inc., No. 1 chipmaker Intel plans Sunday to cut prices on its microprocessors, industry sources said.

Intel typically cuts prices on a few or several its microprocessors on a Sunday and publishes the magnitude of those reductions on Monday as it announces new chips. But this time, the sources said, it will announce just the price cuts. Intel's Pentium 4 chips running at 2.2 gigahertz will ship late in the fourth quarter and be announced in January.

AMD will follow suit by trimming prices on its Athlon chips, sources said. Intel has lost market share through the first half of this year, dipping to below 78 percent. But because of the fierce price war undertaken by Intel against AMD, in the third quarter Intel regained 0.8 points of market share to 77.5 percent.

foxnews.com



To: Tito L. Nisperos Jr. who wrote (54732)10/28/2001 12:05:42 PM
From: John Trader  Read Replies (1) | Respond to of 70976
 
Tito, Thanks for your post. I appreciate your inputs.

Regarding continuing on with our lives and all, I agree, but it is a bit harder to tune out daily news, etc. when one is a technology investor since this affects our investments quite a bit. Hopefully most people are not so distracted.

I am still thinking about how to approach this post Sept 11 market for tech stocks.

John