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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (3103)	10/27/1997 8:18:00 AM
From: Robert Schling	Read Replies (1) \| Respond to of 10921

This is not going to help today, besides HongKong being down again: Headline: Intel (NASDAQ:INTC) to slash Pentium prices 20 pct ====================================================================== MUNICH, Germany, Oct 27 (Reuters) - Intel Corp (NASDAQ:INTC), the U.S.-based semiconductor group, said on Monday that it planned to slash prices for its popular Pentium processors by an average 20 percent world-wide. The announcement was made by the group's German subsididary, which is based in Munich. Intel had said it would make an announcement on Monday before the New York market opened. A spokeswoman for the company said that the price cut would affect all MMX and Pentium II processors. She said the company was keen to sell these processors into the mass market for home and business users. The price cut could take the price of Pentium II computers to below 3,000 marks, she said, adding that the price reduction had been made possible by the success of current production. The company is due to hold a conference call with press and analysts at 1000 EST/1500 GMT. --Frankfurt Newsroom +49 69 756525 Copyright 1997, Reuters News Service