New chip from Intel continues trend of faster, cheaper PCs

IBM unveiled a 300 MHz, sub-$1K computer in August that is one of the first machines to take advantage of Intel's improved Celeron chip. The improved chip is likely to inspire a wave of faster, more powerful low-end computers, analysts predicted.

The IBM PC 300GL is a network-ready, highly manageable computer with 32 or 64 MB of RAM (expandable to 256 MB), a 3.2 or 6.4 gigabyte hard drive,

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