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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST
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To: Paul Engel who wrote (65845)10/6/1998 9:37:00 AM
From: exhon2004  Read Replies (1) of 186894
 
Paul:

re <<While China's slowing economic growth -- a result of the Asian financial crisis -- has pinched car makers to beer makers, information technology spending is set to grow at an eye-popping 27.6 percent a year>>

I believe that many emerging market economies as well as European economies are increasing their IT investments to increase their productivity in the global economy.

My brother-in-law is Korean and follows a number of Korean publications. He indicates the Koreans are re-modeling their businesses after the American model and that indicates increased IT spending. Hope he's right.

Best Regards,

Greg Gimelli
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