Newspaper article St Louis Post-Dispatch (MO)

Morning Briefing

Newspaper article St Louis Post-Dispatch (MO)

Morning Briefing

Article excerpt

Price War Could Follow Compaq Move

Compaq Computer Corp., which earlier this year took over as the nation's largest personal computer company, Monday announced sweeping price cuts on a wide range of products, a move that could trigger a price war.

The Houston-based company slashed prices up to 22 percent for virtually the entire line of Deskpro XL, Deskpro XE and ProLinea personal computers. It also lowered prices up to 17 percent on most of the Contura and Contura Aero products.

There was concern that Compaq might be fueling a price war for PCs, with reductions coming at a time when prices for some components have declined and inventories have risen.

"My gut feeling is that some vendors will react and some will not. It depends on their overall strategy," said John Carlo Bisone, a Compaq senior vice president. Reuters Goodyear Switches Gears On Tire Production

Goodyear Tire & Rubber Co. will stop making tires for lawn mowers, garden equipment and industrial and small highway trailers and will shift production to farm tires.

The tire maker, based in Akron, Ohio, said Monday that the specialty tires made at its Kelly-Springfield plant in Freeport, Ill., represent less than 2 percent of its replacement tire sales in the United States. AP Stormy Weather Welcome If It Rains, Coors Pours

OK. Picture this. It's Labor Day. It's hot. You and eight of your closest friends have each bought a six-pack of Coors beer, and driven out to the lake for a beer bash.

Leaving the steamy city behind, you arrive in the next county and start soaking up the sun and suds. Listening to the radio, you hear with delight that it's raining back in the city. What could make your happiness more complete?

After you polish off the 54 cans of beer you've already got, Coors will buy you more! For a Labor Day sales promotion, if you buy Coors beer and it rains more than one-hundredth of an inch in the county where you bought it, Coors will either buy you a six-pack, give you $4 back or enter you in a sweepstakes where you can win $50. …

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