As we reported yesterday, Intel is hammering AMD, using the Pentium III as its wedge. (Story: 600mhZ .25 micron thing out) The prices of the 550MHz Pentium III have dropped to $658, the 500MHz to $423 and the 450MHz to $230. And the 600MHz PIII part is cheaper than ever. According to an Intel source, the cuts are being made ahead of the 600MHz Pentium III .25 micron part, as already reported here. All prices are in 1,000s, to OEMs and other big factoring plants. ®