Prices are nosediving again. Want a cheap computer? There’s only a few left, but how about an E-Machine E-Monster 1000 – a Pentium III 1GHz processor, 20Gb hard drive, 64Mb of RAM, and a CD recorder – for $775. Remarkable stuff, and prices are only going to be going further down in the next few months. Intel’s upcoming prices and price cuts are being described as a “scorched earth approach to the PC market.”

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