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To: Mohan Marette who wrote (9341)	11/22/1997 12:28:00 PM
From: John Koligman	Read Replies (2) \| Respond to of 97611

Mohan - So you are going to be the next Jimmy Rogers! Remember a couple years back he rode a bike with his girlfriend around a good part of the east? He then wrote a book about it, don't remember the exact name but it was 'xxxxxxx biker' or something like that! John Was it Investment Biker??

To: Mohan Marette who wrote (9341)	11/22/1997 12:29:00 PM
From: hpeace	Read Replies (1) \| Respond to of 97611

Mohan, I certainly agree with the India and their aptitude for system analysis and programming... I've hired hundreds of systems people in my career and all the System analsyt from India were great... Most had MS's too.

To: Mohan Marette who wrote (9341)	11/22/1997 1:28:00 PM
From: ed	Read Replies (2) \| Respond to of 97611

Let me release another piece of information: According to the study of Japan, the real size of economy in Taiwan is at least twice as large as officially announced. In most Taiwanese companies, Two buget books are prepared, one is for tax purpose, and the other is the real one !!!! A lot of people work on two jobs, one is in the daytime, and the other one is in the evening! The second jobs, most of the time is paid by cash and people do not pay tax or pay min tax. People in Taiwan had a lot of savings, official data showed that USD40000 per family in average cash in the bank, not including other properties. The official tax rate is also very low, with income of 70K USD, you paid only 13%, and you can deduct your interest from your mortgage payment , tuition payment for your children, expense to raise your children under 18 and old paraents!! As a result, people had a lot of money to spend, and which makes the economy very dynanmic and grow very fast. Mesade Benze sells the best in Taiwan around the world. Cars in Taiwan are priced at twice of that in US, example: Benze 300 in Taiwan is priced at around 125k USD in Taiwan (in US is 67k USD), and people buy benze just like crazy here, almost every one out of 30 cars driven on the street is a benze. Honda is priced at around 22k in Taiwan and people think its very cheap!!!! It is really strange that officially the Taiwanese income is lower than that of US, but in real life , it looks like the Taiwanese are much more rich. I do not quite understand this phenomina!!!It is the same situation in China !!!!So, talking about PCs, the 10% price hike is really nothing for the Taiwanese consumers(just pay additional 100 to 150USD). They will continue buying PCs as before, and I did not see any impact at all!!!!!!!!!!!!!!!!

To: Mohan Marette who wrote (9341)	11/22/1997 7:35:00 PM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 97611

Mohan, thanks for the stats on India. When I posted my thoughts on China and India, I was hoping to get replies from people who had more knowledge of the economies of these countries than I, so thank you! Re China/ed's post: I do understand what he was saying, re purchasing power in China. I also understand that China has modern cities, my only point was that the PC industry there is not an empty playing field, quite the opposite. That's not to say that CPQ can't compete, but that the competition is brutal, and right now razor thin margins are the order of the day. With the tremendous amount of small Chinese box assemblers/sellers, that is really similar to how the US was in the late 80's. I had a good friend who had a computer shop; he bought all components separately, ordered little decals to put on the box, and assembled/sold PCs from a very small storefront shop. It was a lucrative business. But what made him close the shop down was the support aspect. It really burned him out to have to "hold hands" with every newbie computer purchaser for months afterwards. This is where the big box builders shine; they have 24-hour support lines, and if some part needs replacement, they send out a technician. So the climate could swing to the big box builder's favor in China. Re India: Again, thanks for the stats, like A growing middle class who earns $30,000 or more annually,now stands at 100 million to 300 million. I agree with you in re China and India being THE GROWTH economies of the next century, particularly in re PCs. I hope nobody got the idea I saw no hope for these economies; My comments were designed to address the next couple of QUARTERS, not the next couple of centuries. I am an option player, after all -VBG-. I go against Steve's advice, and play the 3-4 day stock moves. Oh yes, I did sell my CPQ call options on Thursday -G-. Re the Royal Enfiled Bullet bikes: Looks interesting. I prefer Honda's though. I've owned a Honda 360cc, a Honda 500cc, a Honda 1100cc, and now a Honda 750cc. I'm a Honda man! -GG- DK