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


To: Paul Engel who wrote (77056)3/23/1999 12:41:00 AM
From: greenspirit  Read Replies (1) | Respond to of 186894
 
Paul and all, Article...Intel 433MHz Celeron To Arrive Monday...

March 22, 1999

SANTA CLARA, CALIFORNIA, U.S.A., Newsbytes : Intel Corp. [NASDAQ:INTC] will bump up speeds throughout its Celeron line before the end of the first half of this year and push its chips aimed at budget computers over the 500 megahertz (MHz) mark by the end of 1999.

Sources close to Intel confirmed that the processor giant will officially debut a new 433MHz Celeron chip on Monday; PC systems based on the new technology should reach the channel simultaneously.

A number of major PC vendors are expected to roll out new models powered by the 433MHz including Compaq Computer Corp., Dell Computer Corp., Hewlett-Packard Co. and IBM Corp. The processor was not expected to arrive until sometime during the second quarter. Sources indicated that Intel is speeding production so that it can better compete for PC design wins with Advanced Micro Devices' K6-3 processors. The two chips are targeted at vendors building PCs in the sub-$1,200 range.

As a result, Intel will now deliver its 466MHz Celeron chip before the end of the first half. That processor was not slated to arrive until the second half. Intel has been consistently delivering chips ahead of schedule over the last year as it has adopted .25-micron and now .18-micron manufacturing processes, faster than it had originally projected. The new Celerons are borne of the .25- micron technique. The Celeron family will now crest the 500MHz barrier sometime during the second half. Intel is also expected to bring new chipsets to market ahead of schedule. Intel officials have said publicly that the firm is about two months ahead on all of its products due to increased manufacturing efficiencies.

The 433MHz chips are expected to market for $169 in Intel's Socketed 370 exterior packaging and for $177 in its traditional slot design. Both chips will also feature 66MHz system bus architectures. The suggested prices will apply to 1,000 unit quantities. The cheaper price for the smaller, less power-hungry version is part of Intel's strategy to appeal to the PC vendors. The firm is forced to compete for PC design wins against AMD and others roughly every 30 days.

While the Celeron family is aimed at the market for sub-$1,000 PCs the new chip will most likely find its way into machines which retail for $1,200 or less. Intel is expected to drop pricing throughout the rest of its Celeron line-up by roughly 15 percent driving its 366MHz and 400MHz models into sub-$1,000 desktops. Earlier in the year, Intel released its first Celeron mobile chips which arrived at 266MHz and 300MHz. When the 466MHz Celeron arrives, Intel slowly will phase out the 366MHz desktop chip if it follows the waterfall approach it has used in moving its Celeron models upstream.

Intel's Web address is intel.com
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To: Paul Engel who wrote (77056)3/23/1999 10:55:00 AM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
Paul, Re: "Intel is being forced into bankruptcy by the superior engineering and execution of
AMD.

Look for the FOR SALE sign to be out in front of Intel headquarters by Friday."

So many people ask you for opinion on the stock price, as if your A+ technology analyses are not enough. May I suggest you hang a shingle out that says something like "Intel analysis...technology yes, technical no."

Tony



To: Paul Engel who wrote (77056)3/23/1999 9:04:00 PM
From: John Meares  Respond to of 186894
 
:-(



To: Paul Engel who wrote (77056)3/23/1999 9:21:00 PM
From: John Meares  Respond to of 186894
 
Merrill Lynch & Co. analyst Joe Osha reiterated his near-term accumulate and long-term buy ratings on Intel Corp. (INTC), saying recent weakness in the stock may stem from overwrought concerns.

Intel closed Monday at 115 1/8, down 3 7/8, or 3.3%, and recently traded at 114 3/4, down 1/4, or 0.2%.

Osha said the stock fell Monday because of new data indicating retail PC sales in February were soft. But he said February was an "unusual month" because Intel introduced its new Pentium III chip, causing a hiccup in demand.

"We suspect that many buyers may have been waiting either for (Pentium III) product introductions or for anticipated (Pentium II) product price declines accompanying the Pentium III introduction," Osha wrote in a research note Tuesday. "If March PC Data numbers show weak (year-to-year) unit comparisons, we'll be more worried."