C-Cube Message Board - Msg: 2884341

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Technology Stocks : C-Cube

CUBE 35.77

-0.3%

1:34 PM EST

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To: Rarebird who wrote (26165)	12/5/1997 2:24:00 AM
From: JPM	Read Replies (1) of 50808

In Short: There will be a dramatic slowdown in all of the Asian economies which will severely hurt their imports of American goods, including Cubes. Rarebird... First, China does not have a financial crisis... if you will use your brain, you will notice that all of the Asian debacles have stemmed from a collapse of their currency... this is not possible in China since their currency is not tradeable... Secondly... Cube's products sold to China are not American imports... rather, they are Taiwanese imports... and with the Taiwanese currency losing 50% of its value this year, you have a massive reduction in production costs for CUBE... which means more profits! Jp

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