• CNET News.com, Thursday, November 16, 2006 11:15 AM

Circuit City plans to offer a Compaq notebook for $299 after rebates, or $99 with rebates and a 12-month subscription to Vonage, according to Web site Black Friday Ads. Circuit City currently sells the Compaq notebook for $499; it says the computer usually lists for $680. To get to $299, Circuit City will give consumers a $280 instant rebate at the store and a coupon for a $100 mail-in rebate.

The deals are seen as an effort to undercut Wal-Mart and Staples, which have come out with $398 and $399 Compaq notebooks, respectively.

The Circuit City model comes with a Celeron processor from Intel rather than processors from Advanced Micro Devices. The Circuit City laptop, however, contains a drive that burns both DVDs and CDs--not just CDs, like the Wal-Mart laptop. All three models come with 512MB of memory, a 15.4-inch screen, and a 60GB hard drive.

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