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

To: Jim McMannis who wrote (60483)	7/16/1998 11:03:00 AM
From: Tony Viola	Respond to of 186894

Jim, Re: "The Celeron wasn't a bad idea just not quite up to the task. The Celeron should have been the Mendocino or something like that." I think the original Celeron, Covington, should be looked at as a placeholder. Intel said, hey, we have something faster than a current big seller back then, the PMMX 233, in the new footprint, and we are interested in using it to compete for low end PC sales. There will be faster, better Celerons later. Covington sold very well, thanks (maybe in large part because it says Intel on it). Mendocino, the faster, better Celeron is just around the corner, according to Otellini this week, and will be on a ramp that looks like a step function (fast rise time). Oh OK, very large volumes available very soon after launch. At the stockholders' meeting, I talked to Otellini about Celeron (mainly to find out when Mendocino would be available), and he said that Covington had met the requirements, being fast to market and faster than the MMX 233, and was therefore nothing Intel had to hang its head over. Another comment I heard from an Intel exec was something like 'everyone expects Intel to always come out with the fastest thing on earth. That's not always what's required.' Tony