Any idea that Intel might introduce a $500 so-called "Web Pad" later in the year are more than slightly exaggerated, a spokesman said today. That follows a report in AP of a Portland housewife who tested a slim device which allowed her and her family to move around the house accessing PCs and the like. The Intel representative said that the device was a "useability design" from Intel Architecture Labs, which is based in Portland. This division of Intel comes up with all sorts of more or less wacky ideas including a PC fridge and Miramar software. The representative said: "The Web Pad is not a product". ®