CNet is reporting that, maybe as early as next year, the price on plasma and LCD televisions (and, theoretically, computer monitors as well) will plummet in the next 12-18 months. “Plummet” here is defined as 30%, which means that a 20-inch LCD TV from a well-known manufacturer will be under $299, down from $700 to $800 today. According to according to Tasso Koken, vice president and general merchandise manager for Sears home electronics, “[t]he 2005 price drops in LCD will make the 2004 reductions look like a walk in the park”.
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