C-Cube Message Board - Msg: 2832521

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Technology Stocks : C-Cube

CUBE 37.36

+1.2%

Nov 26 3:59 PM EST

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To: Rarebird who wrote (25838)	11/28/1997 12:07:00 PM
From: Shelly Wolfsdorf	Read Replies (2) of 50808

Rarebird: You think <<Cubes earnings growth will get hurt since they do about half their business in Southeast Asia>>. But you are wrong! C-cube gets about half of its business from China, not from Southeast Asia. PLease understand the difference. The crisis in Southeast Asia is partially due to the direct competition from China, especially since China devalued its currency in 1994. Chinese economy is exceptionally strong, evidenced by a 9% growth rate and a 3 to 4% inflation. There are many articles quoted on this thread that could back up my statement. Shelly

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