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(From CBS Marketwatch (Stories))
Byline: EUGENE BRCIC
SAN FRANCISCO (CBS.MW) - Personal computer stocks were mostly in the red Tuesday after technology research firm Gartner said it expects three of the top 10 PC makers to quit the business by 2007.
Gartner Vice President Leslie Fiering said slow growth rates and thinning profit margins will likely lead to consolidation in the PC market in coming years. Fiering estimates that PC unit shipments will average 5.7 percent annual growth from 2006 to 2008, half the 11.3 percent average of 2003 to 2005.
Fiering said the current PC replacement cycle should still lead to strong growth in 2005, but…