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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Swami who wrote (4472)6/12/1999 11:54:00 AM
From: Lola  Read Replies (1) | Respond to of 12475
 
lol... you think way too much Swami... I meant to say that we should trade Y2K software stocks that may have listings on American exchanges etc.

India's growth in customized corporate Y2K solutions is amazing. With us being almost at the mid point of the year, Indian Y2K software companies will take off like rockets.

I'm not sure I feel comfortable trading stocks directly on an Indian exchange but hell from what I've seen on the Nasdaq, the OTCs and the Canadian exchanges... I think trading stocks on an Indian exchange may not be such a bad idea after all!

Imagine North American daytraders trading Indian stocks all night long! We'll turn that country around yet. As a child I used to dream that when I returned from Canada I would run the country of my birth. But I've changed my mind about that... you saw what happened to Indira Ghandi. No thanks... politics is not for me!

The Internet is India's saviour. Indian companies are so advanced in the quality of their software.. especially Internet related stuff that Bill Gates opened a new company separate from Microsoft and based it out of India! Imagine that.

These Indian software engineers were all trained at American Universities... an initiative which began with the Indian government itself. They have the best training in the world and the lowest cost of living... no other country will be able to compete with them now.

India has everything it needs now to become a major player at least when it comes to Internet and software. Plus with software we won't have to deal with the problem of product never reaching it's destination because of a truck being robbed! Software is after all downloadable. <ggg>

By the way, India has committed $50B to revamping their telecommunications system. India will go from having the worst telecommunications system in the world to the best in the world because they will be completely wireless.

Lola:)



To: Swami who wrote (4472)6/12/1999 12:10:00 PM
From: Lola  Respond to of 12475
 
Another cool India link, Software Technology Parks of India - Hyderabad

stph.net

Lola:)



To: Swami who wrote (4472)6/12/1999 12:34:00 PM
From: Mohan Marette  Read Replies (3) | Respond to of 12475
 
There are day-traders in India sure. Online trading is not legal yet in India,first they have to pass some E-commerce laws which I think is in the works,in a couple of years or sooner India should have online trading.

As for Brokerage houses or banks with ipo spins,are we talking Indian exchanges or the U.S? I know TimesBank IPO is coming out end of this month but it will trade in India not in the U.S,there are a few other software companies that should hit the Indian exchanges soon as well.

ZeeTelefilims,NIIT,WIPRO,Satyam and a few others are all in the process of getting listed in the U.S.

As for energy shortage, yes this is true but many mega power projects and mini projects are being implemented across the country soon may states should have overcome this problem.I know Maharashtra will soon be a surplus state,Kerala should have enough by 2000 I believe.

But computers still are not as pervasive as in the west or even other Asian countries but PC sales to the households are growing at a brisk pace and internet rates are coming down on account of competition. ZeeTele's citicable is going to provide internet connection through cable starting with Delhi and they are planning to roll out the service to major metros within the year or two.Also keep in mind internet appliances are going to be introduced soon by BPL,Videocon and others which will be cheaper than PCs,this will definitely boost the internet subscriber base.

Sam Petroda's World-Tel has already signed multimillion deals with Tamil Nadu,Kerala,W.Bengal and a few other states to make Internet available to most in these states.



To: Swami who wrote (4472)6/12/1999 1:12:00 PM
From: Mohan Marette  Respond to of 12475
 
PC sales in India is currently running at +600,000 units annually.

Swami:
As you can see the PC sales are rather healthy in India,I won't be surprised if the sales hit one million mark this year especially considering the PC prices are coming down.

------------------------------------
(Shipements of Servers not included in this Dataquest report.)

GartnerGroup's Dataquest Reports Doom and Gloom May Be Over in the Asia/Pacific PC Industry

Sydney, June 9, 1999—With many economists revising their forecast in the Asia/Pacific region (outside of Japan) for 1999, personal computer shipments in the region reached approximately 2.8 million units in the first quarter of 1999, up 19 percent over the first quarter of 1998, according to Dataquest Inc., a unit of Gartner Group, Inc. (NYSE: IT).

"Many countries' tight government fiscal policies are a driving force in the economic recovery for the Asia/Pacific region," said Ian Bertram, principal analyst for Dataquest's Personal Computer Quarterly Statistics Asia/Pacific program. "A combination of lower-cost products and a stabilization of exchange rates have brought back consumer demand for the PC."

China led the Asia/Pacific region in terms of units. However Indonesia grew 99 percent compared to the first quarter of 1998. This is an indication that one of the worst-hit countries in the region is on the return. The top five countries–China, Australia, Korea, Taiwan, and India–made up over 80 percent of the total volume of Asia/Pacific shipments (see Table 1).

Table 1
Asia/Pacific Personal Computer Shipments for First Quarter of 1999 (Actual Units)

Country Q1/98 Shipments Q1/99 Shipments Growth (%)
China 597,209 887,013 49
Australia 466,268 511,155 10
Korea 338,831 421,815 24
Taiwan 159,488 219,777 38
India 119,771 152,994 28
Singapore 103,350 93,380 -9
Hong Kong 83,865 92,856 11
Malaysia 63,700 67,367 6
New Zealand NA 63,970 NA
Indonesia 27,593 54,905 99
Philippines NA 53,000 NA
Thailand 45,711 51,966 14
Vietnam NA 26,236 NA
Rest of Asia/Pacific 274,761 19,201 -93
Total Region 2,280,547 2,716,194 19

NA= Not Available
Source: Dataquest (June 1999)

With encouraging signs of unit shipments up by 19 percent, vendor revenue was also up by 19 percent. Stability in foreign exchange rates across the region, increase in investment, and general positive economic conditions have lifted the region to almost pre-crash days, which maintained shipment and revenue growth at the same level. Singapore, the only Asian country to experience negative growth year-on-year for the first quarter, is still showing signs of recovery as it grew 13 percent on the traditionally strongest quarter, that of the fourth quarter of 1998.

All major markets (business, home, government, and education) lifted in the first quarter of 1999, with the government sector showing the strongest year-on-year growth at 24 percent. Government spending numbers for Asia/Pacific were influenced by Indonesia, which grew 106 percent, and Korea grew 780 percent. The South Korean Administration network project, which is a plan to install PCs for every public official and its networking plan, was the main reason for this huge increment. Home and business were comparable in their growth and maintained 80 percent total market dominance. With the hype around e-commerce and the Y2K cloud still floating over everyone's head, small to medium-size enterprises (SME) were the major movers in the business sector, especially in the 20-to-99 employee category, which grew 49 percent.

The mobile market grew at 29 percent to outpace the deskbound market, which increased 18 percent. This did not change the fact that the deskbound segment still makes up over 88 percent of the total PC market. Indonesia stood out with 105 percent growth in the deskbound segment, which is 95 percent of the total PC market in the country.

Compaq was the No. 1 vendor in the region for the first quarter of 1999, outstretching IBM from its fourth quarter 1998 takeover of the No. 1 position. The top five were rounded out with Samsung, Acer, and Legend.