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Non-Tech : Dawson Science (DWSC)

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To: sam who wrote (300)6/19/1997 12:19:00 AM
From: Edward Ip   of 397
 
I really disagree w/ u about that the earning may be false... Actually being 10,000 a car is possible even that the earning of an average citizen is around $100 a month. However, there biggest customers are the ones from outside of the city, which comes in with money to invest.. Those are the type of people that have too much money and have to show off and would pay a HIGH premium for a nice foreign car. Another type of their customer are foreign investors, and they are willing to pay for a pretty high price to rent a car due to the expense being able to write off by the company. Plus I got some infos from a friend in China, the rate to rent a foreign car is pretty high, and many many people that visits Beijing and other cities are willing to pay a premium to travel around in a foreign car. Plus the low salary expense that Dawson has to pay out, it comes out to be a pretty good investment for them. Keep in mind, China is one of the fastest growing nation in the world and the demand for luxury is getting greater and greater.....
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