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March 3, 1997updated 05 Sep 2016 12:47pm

INTEL STILL ON TRACK WITH 1997 BUSINESS PLAN

By CBR Staff Writer

Intel Corp sent director of investor relations Gordon Casey to address the conference with the message that the company is still on track with its business plan for the first quarter of 1997. He noted that even based on the conservative guidance the company gave in January that revenues would be roughly flat sequentially from the fourth quarter, this still represented a large year-on- year jump – of about 39%. Casey also said the new Pentium MMX multimedia processor was receiving excellent acceptance in the market – PCs are selling through very rapidly, he said. He revealed that the Pentium II processor – the Pentium Pro with MMX formerly known as Klamath, due next quarter, will come in a new type of packaging to be used for the P6 family into the future, which provides performance advantages; he also said Intel will be advancing into 0.25 process technology in the second half. Intel will address the market for less-costly-to-administer personal computers with its NetPC initiative and would address the Segment 0 market for computing devices costing under $1,000.

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