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

To: DiViT who wrote (25451)	11/18/1997 9:59:00 PM
From: Nikita	Read Replies (5) \| Respond to of 50808

This is not a C-Cube stock thread, this is a C-Cube and associated industry developments thread. The technical developments exchanged probably carry great merit with engineers and tech industry guys but the performance of the stock sucks and all the great arguments to the contrary don't mean _ _ _ _! Don't get me wrong, I like CUBE and I'm long calls, but the market is sending a different message. I hope a buyer bails me out. Before all you tech guys send me all of your criticism based upon some incredible technological development that CUBE has, please accompany this with information on the valuation of these shares, consistancy of earnings, margins, etc. and logic behind the markets treatment of this stock. N.

To: DiViT who wrote (25451)	11/18/1997 10:02:00 PM
From: John Rieman	Respond to of 50808

Chinese economy hums along in October> These guys live in Asia, right? Aren't they having a recession in Asia now? Well, maybe not in China............................ chinadaily.net Economy hits 9-month high PERFORMANCE of China's economy was sound in October, a report issued yesterday by the State Statistics Bureau said. The value-added output of China's industry achieved by enterprises above the township level reached 172.3 billion yuan ($20.76 billion) in October, up 11.8 per cent from the corresponding period last year. The growth rate was higher than that of the past nine months, the report said. "The growth rate of light industry was higher than that of heavy industry," it said. Value-added output achieved by light industry was 78 billion yuan ($9.4 billion) in October, up 13.4 per cent from the corresponding period last year. Value-added output achieved by heavy industry was 94.3 billion yuan ($11.4 billion), up 10.7 per cent. Production of energy continued to grow slowly in October, the report said. It said that energy production increased 0.7 per cent in October from a year ago to 106 million tons of the standard coal equivalent. The ratio of sales to production reached 95.91 per cent in October, up 0.2 percentage points from a year ago. "Economic efficiency of enterprises continued to improve," the report said. China's 370,000 enterprises above the township level earned 101 billion yuan ($12.2 billion) in profits in the first nine months, up 30.8 per cent from the corresponding period last year. Investment in fixed assets came to 1,061.3 billion yuan ($127.9 billion) in the January-October period, up 12.1 per cent from a year ago. Investment in the real estate sector was 184 billion yuan ($22.2 billion) during the period, down 1 per cent. "The consumer goods market developed steadily," the report said. Retail sales of consumer goods was 234.8 billion yuan ($28.3 billion) in October, up 11.6 per cent. Retail sales of consumer goods amounted to 2,150.7 billion yuan ($259.1 billion) in the January-October period, up 11.4 per cent from the corresponding period last year. ------------------------------------------------------------------------ Date: 11/19/97 Author: Xu Dashan Copyrightc by China Daily