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


To: Mary Cluney who wrote (61379)7/29/1998 9:03:00 AM
From: greenspirit  Read Replies (1) | Respond to of 186894
 
Mary and thread, Article...Intel's Battle Cry/ 'Celeron the World'

July 29, 1998

COMPUTER RETAIL WEEK: By Todd Wasserman & Mark Harrington

Santa Clara, Calif.-Desperate to take control of the market for cheap PC chips, Intel is accelerating the launch of its newest Celeron processors by a month, while slicing previously disclosed prices, sources said.

"The clear message to Intel salespeople is: 'Celeron the world,'" said a source briefed on the schedule. "They're telling their people, 'If you don't sell Celeron, you don't have a job.'"

The company last week moved a planned Sept. 13 launch of two new Celerons with cache, the 333MHz and the 300MHz, to Aug. 24, when a massive retail campaign is planned, sources said.

In addition, the company plans to take a deeper price cut on Oct. 25 than originally planned. The 333MHz with 128K cache will drop to $155 on that date, compared with a previously planned $177. The 300MHz with 128K cache will drop to $92 on Oct. 25, down from a previous $135.

The efforts appear aimed at quickly putting behind Intel the poor reception of its cacheless Celerons. Tim Christensen, a buyer for Missoula, Mont.-based Vann's, said Celeron systems were moving-barely. "Celeron isn't a bomb, but it isn't really selling," he said.

Meanwhile, Intel is preparing a Feb. 1, 1999, launch of the first 366MHz Celeron with cache, sources said.

Pricing on the chip is expected to be around $190, they said.

On the Pentium II front, Intel in August is also expected to introduce 450MHz and 500MHz chips (code-named Katmai) with extended MMX functions, sources said. Initial pricing on the chips will be $580 and $825, respectively, they said.
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Based on my unscientific survey at work, Celeron systems are selling very well as a second computer for the kids.

Michael



To: Mary Cluney who wrote (61379)7/29/1998 11:12:00 AM
From: craig crawford  Read Replies (1) | Respond to of 186894
 
Mary, perhaps you could use weakness in INTC brought on by Kurlack as a buying opportunity instead of a crying opportunity. <g>

Empower yourself...