Ibm: There's Many A Slip...

Momentum is a funny thing in the personal-computer business. Just ask IBM. Last year, it was full steam ahead: Big Blue's PC unit was cranking out new models, slashing prices, adding distributors, and on its way to taking the No.1 spot in the U.S. market from Apple Computer Inc. But that was last year. Now, the IBM Personal Computer Co. has badly misjudged demand, leaving customers clamoring for some models, such as the popular ThinkPad laptop, and IBM stuck with large inventories--$100 million by some estimates--of other models.

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