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Technology Stocks : Micron Only Forum
MU 207.36+3.0%Nov 21 9:30 AM EST

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To: Skeeter Bug who wrote (48110)9/10/1999 2:01:00 PM
From: Math Junkie   of 53903
 
Re: <<fred hickey's article cites specific references to an article posted on this thread or mike's thread.>>

It took some digging, but I think this is the article you are referring to:

Message 11183489

While many segments of the electronics industry are going gangbusters, it appears that the PC business is not one of them.

"This week, Allison Boswell Consulting, a San Francisco market researcher specializing in retail PC sales reported that PC sales surprisingly fell 8.2% from July to August, despite expectations for strong sales due to the back-to-school buying season. Prices continued to fall, with 77% of PCs sold under $1,000, compared with 64% in July. "The trend has been consistent since the beginning of the year with unit sales and average price declining in a consistent pattern. It is apparent that no matter how low prices go, unit sales continue to decline in the retail channel," said researcher Allison Boswell."

There are other signs of weakness that he cites, but it's a rather long article, so anyone interested can follow the link.
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