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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (51893)	4/2/1998 1:48:00 AM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Intel Investors - The Mobile Pentium II Launch Announcement from Intel Here it is - this ought to be good for a $2 1/2 drop in the stock price tomorrow! Paul {====================} Wednesday April 1, 8:35 pm Eastern Time Intel to launch Pentium II for mobile PCs SAN FRANCISCO, April 1 (Reuters) - Intel Corp said it will launch Thursday a new Pentium II processor, targeted to the mobile computing market and a host of laptops will be unveiled using the chip, some at very aggressive prices under $3,000. Santa Clara, Calif.-based Intel will unleash the latest version of its Pentium II processor at speeds of 233 and 266 megahertz, designed specifically for notebook computers. Compaq Computer Corp (CPQ - news), Dell Computer Corp (DELL - news), Gateway 2000 Inc (GTW - news), Hewlett-Packard Co (HWP - news), International Business Machines Corp (IBM - news), Toshiba Corp, and other computer makers will show new systems with the chip. Intel first launched its Pentium II processor in May 1997 but it has not yet had a version for the mobile market. The Penium II comes with its own cartridge, which has previously been too bulky for notebook and laptop computers. But Intel designed the new Pentium II for mobile computers with a mini cartridge and it runs at a much lower voltage than the typical Intel processors. ''The packaging makes it more mobile-friendly,'' said Steve Nachtsheim, an Intel vice president and general manager of the mobile and handheld products group. ''Just about everybody is announcing systems based on the Pentium II.'' ''What's probably different is we are seeing them at a whole lot of different price points and a lot of different form factors,'' Nachtsheim said. ''We expect to see systems all the way down to the sub-$3,000 level.''