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

To: DiViT who wrote (24541)	10/28/1997 2:26:00 PM
From: Stoctrash	Read Replies (2) \| Respond to of 50808

Currency risk: Cube sells against dollar denominated Local Currencies (LC's) into the Asia market (except for Japan, where I think they are hedged..see the 10-k?). Thus, Cube does not have a currency risk in Hong Kong or China. The risks are: 1. A recession in mainland China could slow, but probably not stop the pace of consumer buying. They really dig Americanized stuff like TV!! 2. The Hong Kong currency and/or the Chinese currency is allowed to float (not likely) against the dollar. A devaluation would make LC's more expensive for Cube's customers. 3. Every currency goes to Zero and were all dead anyway!!