Alex was on CNNfn Friday. Here's the transcript. He didn't get enough time to make his points.........................
cnnfn.news-real.com
CEO, Alexander Balkanski.
Thanks for joining us.
ALEXANDRE BALKANSKI, CHAIRMAN & CEO, C-CUBE MICROSYSTEMS: My pleasure.
HOPKINS: And what's the reason that you're not more affected by (11:43:40) Asia since you sell so much to Asia?
BALKANSKI: We sell a fair amount in Asia. We sell consumer electronic products, but we also have a big system division in (11:43:50) DiviCom that has been performing outstandingly for us. So, on balance, we have been able to put up very good numbers and improve performance year over year.
HOPKINS: So, (11:44:00) what are you finding - that people in Asia are willing to spend on the right products or what?
BALKANSKI: Yes, essentially, we' finding that the products we sell (11:44:10) in Asia are consumer electronic products, $100 retail price point - and that is not affected nearly as much as capital equipment - much larger pieces of equipment - might (11:44:20) be.
HOPKINS: Now, China is a big market for you, and that market has not been affected by any of the crisis in the rest of the region? |