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Thursday, August 18, 2005

Economics at work baby....High demand, Short supply



All these people came to buy out 1,000 cheap iBook laptops.

Chaos erupted this morning at the Richmond International Raceway as thousands of people stampeded through the gates in a rush to buy used iBook laptop computers for $50 each.

There were several minor injuries and one person was taken to a hospital with a leg injury, fire Battalion Chief Steve Wood said during a 1 p.m. news conference. In all, 17 people were treated, the majority for heat- or diabetic-related problems, he said.

Thousands of Henrico County residents and/or taxpayers stood in a half-mile-long line as dawn broke while others waited in cars parked nearby or milled about not far from the entrance to RIR. One official estimate put the crowd at 5,500. Other observers estimated more than twice that.


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