To: Meathead who wrote (23051 ) 11/24/1997 10:19:00 PM From: Meathead Respond to of 176387
Thought I'd repost this... A historical perspective for everyone courtesy of Business Week Top of the News; 02-17-1992; "The PC price wars are escalating, and there's no end in sight" Information Processing; 05-13-1991; "Buyers begin to balk at paying top-shelf prices for its PCs" Information Processing; 07-06-1992; "As PC makers of all sizes slash prices, it's shakeout time...again" Top of the News; 08-02-1993; COMPAQ FLEXES IT"S PECS It has bloodied low-cost rivals Top of the News; 08-22-1994; COMPAQ READY TO RUMBLE "Bulging warehouses and fat margins could lead to all-out price cutting" International Business; 07-06-1992; "The winners are consumers, as businesses offer unprecedented discounts to survive in a new market" News: Analysis & Commentary; 03-20-1995; "Desktops and laptops are getting real cheap, real fast" Top of the News; 08-03-1992; "As PC makers bash one another, PC parts makers are getting rich" Information Processing; 11-13-1995; "Net-surfing machines that cost under $500 hit the market" And just for kicks...... Information Processing; 05-06-1991; "While other PC makers struggle, AST's sales and profits soar" Information Processing; 10-26-1992; MADE IN THE USA... BY HYUNDAI "Its PC unit is going all-American to grab a bigger piece of the pie" Information Processing; 08-23-1993; AST STEPS OUT OF THE SHADOWS "Its deal with Tandy has made it a PC giant overnight" One of my favorites...... Information Processing; 07-26-1993; "Together, IBM, Motorola, and Apple are taking on Intel's Pentium" Many more of BW's greatest hits can be found at: bwarchive.businessweek.com As anyone can see, it's never been a good time to own PC stocks. MEATHEAD