Cyrix and AMD have been selling chips at a substantial discount to Intel's and still have managed to get a relatively small portion of the market. Intel's price cuts were planned well in advance and they're executing on a strategy that has been put in place months ago. |
I think it makes sense for Lucent because so far their forays and their data network markets have not born fruit. Meanwhile, Cisco continues to charge ahead and Lucent needs to do something and Ascend has in the last year established itself as a very strong pier in the A-T-M networking markets and with the carriers in general. |