OBJECT DESIGN Inc.: Bargain of the year!! Message Board

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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!

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To: GUSTAVE JAEGER who wrote (2165)	7/20/1998 10:33:00 AM
From: Mark Finger	Read Replies (1) of 3194

>>Asia crisis... Before you can have Asia crisis affect you, you have to have sales in Asia. Now Asia means a lot of different things to different people, but for the companies that were affected, 15-20% of their sales come from "Asia". The companies that have been having problems are: Japan (continuing and deepening recession), Korea, Indonesia, Thailand, and recently, Hong Kong). Of the larger markets in Asia, only Taiwan and Australia/New Zealand have escaped severe shocks (and that may be temporary). Note that the problem markets are those where localizing the product is extra work (and woe unto those who followed Microsoft's directions), which means that generally small companies do not have localized products in those countries. If your concept of Asia is Australia, then you would not have a problem to date. Otherwise, there is a real problem, because that area has gone from one with the highest growth rate to a negative rate during the last year (if you consider all the countries).

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