OTHER NEWS - July 22, 1992
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From Times Staff and Wire Reports
IBM Slashes Computer Prices: International Business Machines Corp. announced price cuts of up to 30% on its Personal System/2 line of personal computers. The list price of the best-selling PS/2 model--the 56 SLC-055--now stands at $2,485, down from $3,560. Analysts said the move is intended as a temporary measure to fend off price-cutting rivals until the world’s biggest computer company can launch new products in the fall.
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