To: CRICKET who wrote (46156 ) 6/3/1998 5:10:00 PM From: CRICKET Read Replies (2) | Respond to of 176387
All Dellheads: Dell (NASDAQ:DELL) not worried about Intel chip delay Reuters, Wednesday, June 03, 1998 at 08:10 LANGEN, Germany, June 3 (Reuters) - Dell Computer Corp (NASDAQ:DELL) said on Wednesday it was not concerned about the six-month delay in the arrival of Intel Corp's (NASDAQ:INTC) next-generation Merced processor. "I'm not really concerned about it," Chairman Michael Dell said at a news conference. "Actually it gives us a little more time to get ready for it." Intel said last Friday that Merced would be available in the year 2000, six months later than it had previously expected. The news sparked a drop in Intel shares that dragged down other technology stocks. Dell vice Chairman Mort Topfer, in an interview with Reuters, said he expected Intel to meet the new delivery target without further delays. "I think they have a very, very high probability of achieving that shipment date," he said. Nevertheless, Dell said six months won't make much of a difference to his company and the PC industry because Merced is designed for high-end computers running mainframe-class programmes that evolve much more slowly than mainstream PCs. "A change of this magnitude is a very massive one and it will take time for applications to change," Dell said. Topfer said: The delay "is going to have a very modest impact on the industry in general." Dell noted that his company will offer a machine next year that runs eight Pentium II processors. "That will give us the opportunity to grow even without Merced," he said. frankfurt.newsroom@reuters.com)) Copyright 1998, Reuters News Service Cricket Companies or Securities discussed in this article: SymbolNameNASDAQ:DELLDell Computer Corp