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Technology Stocks : C-Cube
CUBE 36.03+1.3%3:59 PM EST
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To: mitchell finegold who wrote (38447)1/22/1999 5:20:00 PM
From: John Rieman  Read Replies (1) of 50808
 
If China devalues, the impact on C-Cube revenues would be limited to the 30% C-Cube earns there. Most of the parts for VCD players are made in China, and the consumers would only see a small increase in price. Demand would slacken because of consumer fear. VCD sales would drop, but not to zero. Maybe by 1/3rd, or around $10M in revenue for the Q that it happens in.
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