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Tech Industry

Compaq slashes desktop prices

Compaq is giving business customers a reason to rejoice--the company lowers prices on several commercial desktop computers by up to 23 percent.

Compaq (CPQ) is giving business customers a reason to rejoice--today the company lowered prices on several commercial desktop computers by up to 23 percent.

The cuts affect ten models in the ProLinea line and four models in the Deskpro Line.

Situated at the high end of the Deskpro line, the 5150 with 150-MHz Pentium processor, 1.2 GB hard drive, and 16MB of RAM was selling for $2,155 but is now offered for $1,825, a reduction of 19 percent.

The Deskpro 5100 with 100-MHz processor, 1.2 GB hard drive, and 16MB of RAM was retailing for $1,775; the new price is $1,535, a reduction of 14 percent.

Other affected models include the ProLinea 5166, which features a 166-MHz Pentium, 2.1 GB hard drive, and 16MB RAM. The ProLinea 5166 was retailing for $2,610 but will now be priced at $2,110, a price cut of 19 percent. The ProLinea 5100 with 1.2 GB drive, 100-MHz Pentium processor, and 16 MB RAM gets a less drastic price cut, from $1,425 to $1,320.

Compaq also announced price cuts on memory and the Compaq Scanner Keyboard. The company will cut prices on 64MB memory modules by 53 percent from $1,341 to $636 and 8MB, 16MB and 32MB modules will get cuts from 41 percent to 53 percent. The Scanner Keyboard is now priced at $299, down from $323.

Compaq says the price cuts apply to existing inventory effective immediately.