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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 139.09

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Nov 21 9:30 AM EST

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To: Mark Oliver who wrote (2806)	3/12/1998 11:59:00 PM
From: Pierre-X	Read Replies (1) of 9256

Re: PC Penetration Growth Interesting article. I feel the need to dispute some of its claims <g>. They said: Despite attempts by PC makers to increase penetration more rapidly by introducing PCs priced below $1,000... I think the causal relationship alleged here is, um, BS. PC prices have come down because there's no application driving high end desktop sales. They said: ''PC manufacturers and retailers -- and supporters of the sub-$1,000 PC -- were certain that lowering prices would create a stampede of first-time buyers,'' Welcome to the wonderful world of inelastic demand. They said: This massive research effort includes a national survey of 6,000 consumers ... There's something wrong with that sentence there ... <g> God bless, PX

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