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

To: Gary Ng who wrote (56532)	6/1/1998 1:53:00 PM
From: Maverick	Respond to of 186894

INTEL CORP (Friday's close: 71-7/16 indicated to open @ 68-3/4) said late Friday that it has told its customers it is pushing back the date for the volume production of its next-generation microprocessor, code-named Merced, to mid-2000, from sometime in 1999. The company said it underestimated the amount of time that it needs to complete all the validation and checking necessary to test the chip before it will be able to ship the chip in volume to customers, who plan to use the chip in high-end workstations, servers and "mission critical computing" applications. Some analysts said they had been expecting volume production of the Merced chip sometime in the second half of 1999, but that they had not been projecting Merced to move into the mainstream PC market until sometime in 2001. (Reuters 04:51 PM ET 05/29/98) For the full text story, see infobeat.com