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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (48122)	2/2/1999 3:04:00 PM
From: Paul Engel	Respond to of 1571031

Slippery - Re: "I want my CPU ID!" You can get it real soon now. Paul Intel prepping for Pentium III launch By Tiare Rath and Darren Chervitz, CBS MarketWatch Last Update: 2:47 PM ET Feb 2, 1999 Tech Report Hardware Stocks SAN FRANCISCO (CBS.MW) -- Intel said it's releasing its Pentium III processor by the end of February, which could give the company an extra boost in its first quarter. Although Intel (INTC) canceled a Super Bowl ad for the new chip at the last minute, promotions are running on outdoor ads in San Francisco, New York and Los Angeles, the company's director of investor relations told a standing room-only audience gathered at the NationsBanc Montgomery conference Tuesday. Gordon Casey said the world's largest chip maker plans to launch the Pentium III chip at a San Jose, Calif.-based trade show Feb. 17, and the product will be available in personal computers Feb. 26. The product will have a "significant improvement" in graphics capability, particularly for Internet graphics and 3-D graphics, Casey said. One portfolio manager said the improved technology will hurt competitors, particularly those that focus on high-end graphics. See our Renegade reports. "It's a zero-sum game," said Tejinder Singh, managing director at New York-based Reliance Capital Management. "They're saying, 'To maintain our profitability, we're going to squeeze everyone else.' They've done it every time." Casey continued to be somewhat cautious, however, about Intel's current quarter. He expects revenue and gross margins in the fourth quarter will be slightly lower from the company's strong fourth quarter due to "seasonal factors." Revenue won't be lower due "to any fundamental change in demand or acceptance of products." Casey said Intel has rebounded from its lows in the mid-1998, when many semiconductor companies were hitting their bottom, and Intel had a record-setting fourth quarter for both revenue and earnings. For the first quarter, "Demand for PCs continues to be very strong, so we're on track," he said. "We were expecting a strong quarter, and we're seeing a strong quarter." The Pentium III chip will run at speeds of 500 MHz or greater and speeds will increase to more than 600 MHz in the second half of the year as the company switches over to its next-generation 0.18 micron microprocessor. Intel expects the 0.18 chip to account for all of its production by the end of 2000.