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

To: nihil who wrote (71478)	1/15/1999 7:17:00 AM
From: Joseph Pareti	Respond to of 186894

Oh ... that little k6-manufacturing glitch - here 's from the lion's mouth. Not so much scope left for those silly jokes on celery processors, no? "It had at least a $20 million impact on our revenue line in our last quarter," said AMD chairman Jerry Sanders, adding that the average selling price for AMD chips came to $89, well below the company's $100 target. But a bigger problem may loom in the future with pricing. Intel has launched a scorched earth policy in the consumer market, where AMD sells most of its chips. Most Celeron processor will be selling at below $100 by March, predict some, which may keep K6-2 chips below the magical $100 mark. AMD's prices and earnings, in fact, were likely impacted by a quiet December price cut on Intel's Celeron chips.