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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Tom Latham who wrote (12401)	12/31/1997 8:14:00 AM
From: TCGNJ	Read Replies (1) \| Respond to of 97611

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.