As revealed here earlier, Intel has cut prices on members of its Pentium III and Celeron processor family. (Story: Intel burns desktop prices again) The company confirmed the following adjustments, on OEM prices of 1000 processors. The PIII/600 drops to $615 and the 550MHz to $423. New Celeron prices are as follows: The 500MHz part drops to $153, the 466 to $99, the 433MHz to $79 snd the 400MHz part to $64. An Intel representative said the Pentium III cuts were in preparation for processors to be introduced in October, while the Celeron cuts were in time for the Christmas market. Intel today started offering its 600B and 533B Pentium IIIs to members of its channel programme. ®