Don't buy that plasma TV just yet

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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