Static Ahead for Electronics Retailers
Last month, as Thanksgiving approached, an intense price war on flat-panel TVs broke out. Two weeks before the holiday, Wal-Mart's (WMT) newspaper insert for Black Friday, the big shopping day after Thanksgiving, was leaked on the Internet, touting 42-inch flat-panel high-definition TVs for $998 a pop. It was the first time a 42-inch HDTV had crossed below the $1,000 threshold.
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