The closest competitor for the Compaq 386s from IBM is probably the 16MHz 80386-based Model 70 with 60Mb disk, which is $6,000 there, UKP3,702 over here: from Compaq you get a processor that will tend to be slower on input-output by virtue of its 16-bit bus, and a 40Mb disk, for $5,200 in the US, UKP3,100 here.