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To: D. Swiss who wrote (26579)12/31/1997 8:14:00 AM
From: TCGNJ  Read Replies (1) | Respond to of 176387
 
Thread,

From WSJ Interactive site.

TCG
--------------------------------------------------

Low-Cost PCs Account for 40%
Of Holiday Season Computer Sales
December 31, 1997
The low-priced personal computer craze, which has turned the U.S. consumer-PC market on its ear, grew even stronger during the holidays.

Though retailers and analysts are still collecting data, early reports show new PCs priced at less than $1,000 accounted for more than 40% of consumer-PC sales in December, the busiest sales period of the year. Analyst David Goldstein of Channel Marketing Corp. in Dallas estimates their share reached nearly 60% in some stores.

The previous high point for PCs costing less than $1,000 was in August, a period popular for back-to-school purchases, when they accounted for 38.7% of units sold in electronics, office and computer stores, according to Computer Intelligence, a La Jolla, Calif.-based market research firm. Its preliminary estimate is that low-priced units accounted for 42% to 47% of PC sales in such stores this month, said analyst Aaron Goldberg.

The full text of this article is available for subscribers to The Wall Street Journal Interactive Edition.



To: D. Swiss who wrote (26579)12/31/1997 9:19:00 AM
From: Boplicity  Read Replies (1) | Respond to of 176387
 
Drew and all. Soros warns of world financial collapse . . .

<<BAAAAAAAAAAAAAAAAAAAAAAAAAD ASS SOROS Speaks he must be very short. >>

LONDON (CBS.MW) -- The international financial system is suffering a systemic breakdown, but governments and bankers are unwilling to acknowledge it, well-known financier and currency speculator George Soros said Wednesday. In a piece published by the Financial Times, Soros warned that the abandonment of fixed exchange rate regimes in Southeast Asia has touched off an unraveling process that has exceeded "my own worst fears." He also said massive bail-out programs designed by the International Monetary Fund have not worked.

Greg--Not good.