Word: pcs
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Dates: during 1990-1999
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...appreciate the work of the committee which was instrumental in bringing Lexis-Nexis to Harvard. We only hope the new system will be able to accommodate all the students certain to access the database from their own PCs...
...Home PCs began to break the $1,000 barrier in large numbers. The ego of Gary Kasparov (and the self-confidence of humanity) plummeted at the hands of IBM's chess monster Big Blue...
White-hot competition is another part of the equation, and it's a jarring reality pretty much across the tech board. Success breeds imitators. Imitators flood the market with goods. Prices (and profits) come down. Again, take Intel. It supplies nearly 90% of the microprocessors in PCs worldwide--a more commanding grip than even Microsoft's stranglehold on PC operating systems. But to protect its position, Intel has cut semiconductor prices faster than anyone expected as rivals Cyrix and Advanced Micro Devices compete furiously to supply cheaper components for the $1,000 PCs now taking the world by storm. Intel...
Even before those obstacles surfaced, tech companies faced serious questions on the demand side. Firms have invested heavily in PCs and other "must-have" gadgets in the past few years. Sure, the stuff is really cool. But executives want to see payback before they extend the binge. It's unclear whether PCs and, say, Internet connections have made office workers more productive or simply more distracted. (Websites that seem to get the most hits are those featuring swimsuit models.) Real-world users of technology shouldn't fear that the ship is sinking. It's not. But for now tech stocks...
...PCs The theory went like this: as the price of whiz-bang computers falls, demand will rise even faster. Looks like the theory was actually right. By autumn PC makers from Compaq to Hewlett-Packard to IBM were offering robust multimedia machines for less than $1,000--and nearly a third of all new PCs sold fell into that range...