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Technology Stocks : Apple Inc.

AAPL 273.02

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10:37 AM EST

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To: Pravin Kamdar who wrote (17536)	9/2/1998 11:29:00 AM
From: Richard Habib	Read Replies (2) of 213176

Pravin, second your observations on Asia. The average working people work like dogs and don't have a lot of disposable income to spend on computers. The idea that the average person living in Malaysia, Indonesia, China, Taiwan, Philippines, Thailand and Korea live as well as Americans is ludicrous and the idea of them having access to cable is really laughable. The other thing to note is Asia is mired in a recession/depression which will not end soon. If Phillip is looking out a decade or so I agree, shorter term than that growth in Asia is debatable. I do think there is a lot of pent up demand for products including computers and that they are deemed by the average working person as something they believe they should have when they can afford it unlike working class Americans who still don't seem to see the need. Of course I guess we are all aware of the extent of Singapore's wiredness and Malaysia Cyber Corridor will have an impact although I believe the project has come to near a standstill. (Don't have reliable info on that last). Rich

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