Date: Sun, 14 Jan 2001 11:51:10 -0800
"PC industry poised for 'game of chicken' By Ken Popovich, eWEEK
Executives at Gateway Inc. (NYSE:GTW - news), staggered by a $94 million quarterly loss that will force over 3,000 layoffs, have vowed to win back consumers by escalating an "industry game of chicken" -- a price war.
But the tactic might make a bad situation worse for a PC industry already struggling with a slowing global economy, analysts said, by not only further undermining earnings but by ultimately forcing some computer makers to abandon the market alto-gether."
PC industry poised for 'game of chicken' http://dailynews.yahoo.com/h/zd/20010112/tc/pc_industry_poised_for_game_of_chicken__1.html