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Word Count: 500
The article I am writing the essay on Is The Tech Out Of Steam it can be found on pages 30 - 32 in the March 15 1999 issue of Business Week The article was about how the demand and profits for the computer industry might be slipping This opinion began being felt on Feb 16th when Hewlett-Packard Co and Dell Computer Corp announced quarterly results were down That disappointed Wall Street and their stock prices were punished Many research continues to point out that this industry might be on its way down in terms of financial gain The industry will always be alive and kicking but as prices continue to drop profits will drop as well That is a good thing for consumers but a bad thing for businesses Although the research continues to point out the decline nobody is predicting this to be a long-term slowdown or a significant fall in demand for high tech gear Corporate demand for PCs is dwindling therefore in order for companies to sell they must lower their prices The price for a top of the line PC continues to drop Every time Intel produces a new processor they freeze the market When Intel introduced its new Pentium III they advertised it cheaper than their previous Pentium II Consumers seeing that wont pay top dollar for PCs anymore That is one of the main reasons the industry is at a lull The only companies that seem to be prospering are those whose main focus is the Internet Those companies will continue to prosper as the Internet becomes already is the This article can relate to class many different ways Not only in different ways but also areas
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