To: Cirruslvr who wrote (48290 ) 2/3/1999 7:33:00 PM From: Cirruslvr Read Replies (1) | Respond to of 1571373
Paul's comment confirmed Got this from the yahoo thread. This is the article Paul and his broker were talking about: "Gateway To Use AMD Chip In PC For Japan Market By Gary McWilliams NEW YORK (Dow Jones)--Gateway Inc. (GTW), in a dramatic break from its close reliance on Intel Corp. (INTC), is releasing a personal computer in Japan that uses a microprocessor supplied by Advanced Micro Devices Inc. (AMD). Chairman and Chief Executive Ted Waitt also confirmed the North Sioux City, S.D., PC maker is considering AMD chips in its U.S. computer line. "There is a lot brewing," said Waitt. "We are looking at AMD for other things." He cautioned the company hasn't made a decision to use AMD in the U.S. computers. Beginning Thursday, its Japanese subsidiary will sell the Gateway Profile, a PC built into the case of a 15-inch flat panel display. Similar machines are popular in space-constrained Japan, where they account for about 10% of PC sales. Waitt said the PC will use a 400 MHz version of AMD's K6-2 and move to the next generation K6-3 when it is available. Analysts called the use of an AMD chip a significant departure for Gateway and a major win for AMD, which has been angling for years to crack the ranks of direct sellers Gateway, Dell Computer Corp. (DELL) and Micron Electronics Inc. (MUEI). "I'd view this as a trial balloon," said Martin Reynolds, a vice president at researchers Dataquest Inc. "They are trying it to see how well it sells and, second, how will Intel react," he said. AMD has been taking share from Intel by concentrating on PCs priced below $1,000. The Gateway deal marks a sharp departure by being used in a premium-priced model. "It seemed right for the Japanese market," said Waitt. " The poster, ironically named Engleka, said they got it from a Dow Jones Newswire article on Wall Street Journal Online. Got any other news from your broker Paul? ;) Sadly, although the stock will probably rebound tomorrow, the stock most likely won't gain the over $3 lost today.