Kingston Announces Price Cut

Kingston Technology Corp., a major maker of computer memory modules, said Tuesday that it is cutting the prices of its products up to 30% and providing consumers with memory modules for less than $30 per megabyte. Kingston, which had sales of $1.3 billion last year, also is trying to spur sales of memory products to corporations so that they can upgrade machines more inexpensively to take advantage of new programs, like Windows 95, that require more computer memory to operate.