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Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 3:59 PM EST

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To: pat mudge who wrote (6856)10/6/1998 8:58:00 AM
From: Frank Edwards  Read Replies (1) of 18016
 
Not to put a damper on China enthusiasm....

For Mr. Zhang Hongsong...."After all, it's not too pricey, so I can pick up a copy to play with," Zhang said in Beijing after shelling out 1,998 yuan ($240"....this may not be a whole lot for Mr. Hongsong but given that the average annual income in China is in the US$600-US$700 per annum range..Mr. Hongsong represents the elite or a government spokesperson quelling the nerves of the "Microsoft license counters".
i.e. 96% of all software in China is still illegal copies...

The China market is still a few years off and getting paid by other than domestic government guarantors remains an interesting proposition.

Frank
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