Yeah, celerons are neither. There cut down (have less cache memory) pentiums. AMD have similar ones called Semperons and turions which is a cut down athlon.
Celerons and Semprons are slower than thier little brothers but are fine for office tasks / internet etc...
If you get the choice of a pentium 4 or a Celeron for a laptop get the celeron. It usually runs cooler and is cheaper. If its within your budget though, get a Core Duo or even better a Core 2 Duo.
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