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Strategies & Market Trends : 02 tax loss season;Mother of all buying opportunites? -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (193)5/10/2003 2:04:15 AM
From: ild  Read Replies (1) | Respond to of 212
 
Yiwu, what do you think about effects of SARS on computer sales in China? What have you seen in credible sources?



To: RealMuLan who wrote (193)5/10/2003 11:03:34 AM
From: ild  Read Replies (1) | Respond to of 212
 
Yiwu, do you have statistics on who is buying computers in China? Is it mostly companies or individuals? My guess is that companies keep buying regardless of SARS but individuals have stopped.

In Beijing, department-store sales are down 60%, and customer traffic is down 95% in retail areas, according to Ron Napier, managing director of Napier Investment Advisors in Austin, Texas and the former chief Asian economist for Salomon Brothers.

online.wsj.com