Intel ships Pentium III, slashes PII prices

And source gives us news and date of 550MHz part

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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