The Numbers Are Crunching Packard Bell

Its grand strategy is coming up a billion dollars short

At Packard Bell NEC Inc., it looks as if the Grinch stole not only Christmas but the whole year. The company, which as recently as June bragged that it would soon be the leading U.S. seller of personal computers, has watched its sales and market share slowly slide since last January. A weak fourth quarter for computer retailers has only made matters worse.

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