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The rage in the Personal computer manufacturing market is the ultra-small, super-portable PC. The devices won’t do much beyond surfing the web and using e-mail applications. But as the huge, high-priced Personal computer market has become crowded and more competitive, almost any new set of products looks attractive. According to The Wall Street Journal, “Intel (NASDAQ: INTC), which calls the new devices “netbooks,” states 10 computer makers have committed to designing 20 machines.”

The new products cost as little as $300 but they have limited storage space. They’re set up to connect to the internet over wireless systems so they’re portable and extremely light.

The new “PC light” program has one tremendous drawback. While the market seems uncrowded, it is already the major target for smartphones including Apple (NYSE: AAPL)’s iPhone and RIM (NASDAQ: RIMM)’s BlackBerry. Nearly every massive handset company has phones that can access the web and be used for e-mail already in the market.

The new PC product might look good on paper, but its target market is already crowded.

Douglas A. McIntyre is an editor at 247wallst.com.

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