Intel drops prices [CNN]

[Jim Choate]

Forwarded message:

>    Company cuts price tag of older models
>    by up to 51 percent
>    
>    January 26, 1998: 9:14 p.m. ET
>    
>    
>    Intel
>    More related sites... SAN FRANCISCO (Reuters) - Semiconductor giant
>    Intel Corp. Monday unveiled its fastest version of the Pentium II
>    processor for desktop computers, servers and workstations and cut
>    prices on older chips by up to 51 percent.
>    [INLINE] Several major PC makers introduced new PCs, servers and
>    workstations around the new Pentium II chip, which runs at 333
>    megahertz, and is priced at $721 each, in units of 1,000.
>    [INLINE] Hewlett-Packard Co., Packard Bell NEC Inc. and Gateway 2000
>    Inc. unveiled new computers using the 333-megahertz processor on
>    Monday, some with prices starting at around $2,800.

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