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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: JPM who wrote (24260)10/23/1997 11:34:00 AM
From: JPM  Respond to of 50808
 
Where the heck is everyone? Shellshocked?

Jp



To: JPM who wrote (24260)10/23/1997 11:35:00 AM
From: William T. Katz  Read Replies (3) | Respond to of 50808
 
Well, one question is where the chips are being produced. If the manufacturing is over in Asia, you'd think the devaluation would decrease costs. Since CUBE is selling DVD to most of the world outside Asia, there shouldn't be too bad an effect on those markets.

The disk drive makers, though, with manufacturing in Asia (e.g. Singapore, Malaysia), should be able to reduce costs and still sell in their strong US$ markets.



To: JPM who wrote (24260)10/24/1997 4:14:00 PM
From: Nikita  Respond to of 50808
 
John, I politely disagree with you. Asian currencies
are a problem to anyone selling product into those
markets. The purchaser just lost significant buying
power and will make adjusments.

I think the market agrees with me so far. Witness not
just CUBE but LRCX, BRKS, JBIL, and KLIC; all companies
who sell into Asia and all down substaintially today.

I'm out of Cube at 30.
N.