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Intel ships Pentium III, slashes PII prices

And source gives us news and date of 550MHz part

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Chip giant Intel formally rolled out its first two members of its Pentium III family today but didn't make a song or dance about it. It did that last week, at the Preview. But sources close to Intel US said today that the PIII/550MHz is now expected to ship in May at prices of $750/1000. The PIII/500 costs $696/1000 and the PIII/450 costs $496/1000. The shipping of the Pentium III has now caused an inevitable drop in PII prices. The PII/450 now costs $476/1000, the PII/400 $284, the PII/350 $150. The PII/300 now effectively drops off the bottom of the roadmap. The price of the PII/450 should be contrasted with the price of the new PIII/450. It's a meagre twenty bucks. ®

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