Critics call Comdex show overcrowded
Article Abstract:
The Comdex computer trade show, held in Las Vegas, is expected to exceed 2.2 million square feet in 1991, and its increasing size is causing some vendors to seek other, smaller trade shows at which to exhibit. Comdex founder Sheldon Adelson has attempted to address vendors' concerns about overcrowding by segmenting the show into two mini-trade shows based on the areas of networking and multimedia. Show critics continue to complain, however, about the costs of exhibiting and the long lines for both food and exhibits. Vendors pay $39 a square foot, or about $7,800, for a 200-square-foot space. Compaq Computer Corp opted to forego Comdex 1991 in favor of the Dallas-based NetWorld show. Compaq Pres Joseph Canion chose to exhibit at the smaller show because he believes it is more cost-effective then Comdex. Banyan Systems Inc also chose NetWorld over Comdex.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Compaq, battered by fears of slacker growth in earnings, finds fans at its cheaper price
Article Abstract:
Compaq Computer Corp's stock is down on Wall Street because of what some industry analysts say is an overreaction to its slowdown in growth. Compaq reported that it expects its 2nd qtr 1991 earnings to be behind the 2nd qtr 1990 earnings of $1.18 a share and the stock prices tumbled nine points in one day. Compaq's Feb 1991 peak was $74.25 a share and it closed at $49.625 a share on May 8, 1991. Some analysts say that Compaq's stock price is fairly low for what it is worth; the computer maker has virtually no debt and many consider it to still be a growth company. Compaq does face competition in the computer marketplace and has had to cut prices to maintain its market share.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Mass market transforms PC retailing
Article Abstract:
The retail trade in the microcomputer industry is transforming into one that is geared towards the mass market. The industry moves toward the new retailing because customers' knowledge of computers and computing has increased substantially; computers are now viewed as electronic commodities. Industry observers say that the computer industry is splitting into two areas: the low-end retail market, which includes superstores, and the high-end market, which are specialized outlets that cater to the needs of sophisticated users. Estimates are that companies caught in the middle might go out of business by the mid-1990s.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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- Abstracts: Prime Computer has plan to go public, halve its debt and shed computer unit. Data General, Prime report major losses
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