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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: drmorgan who wrote (10413)	12/9/1997 8:52:00 PM
From: Moonray	Read Replies (1) \| Respond to of 22053

Hackers break into Yahoo!, demand release of fellow hacker bloomberg.com o~~~ O

To: drmorgan who wrote (10413)	12/10/1997 9:37:00 AM
From: Moonray	Respond to of 22053

Demand for Personal Computers in Asia to Slow in 1998, IDC Says Demand for personal computers in Asia will likely slow as consumer and government spending in Southeast Asia is crimped by the region's currency crisis, said research firm International Data Corp. The U.S based research company has cut its forecast for 1998 personal computer growth in the region by 5 percent. It now expect sales to expand 16 percent to 12.36 million units from a previous forecast of 21 percent or 12.93 million units. That's a drop of 570,000 units. Southeast Asian countries are responsible for the decline in expected sales figures while China, India and Australia are expected to have robust growth. As the Southeast Asian economies ''remain weak, consumer spending on personal computers will be lessened.'' said Dane Anderson, manager of IDC's Asia Pacific research. The Indonesian and Thai markets are expected to contract; the Indonesia market is likely to shrink by 10.5 percent from a previous forecast for a positive growth rate of 16.1 percent and the Thai market will shrink by 8.7 percent from a growth rate of 7 percent. IDC also expects slower personal computers growth for Korea, Malaysia and Philippines. It predicted growth for Korea to slow to 2.9 percent from a previous forecast of 18.8 percent; for Malaysia to slow to 5.7 percent from 16.5 percent and for the Philippines to slow to 0.4 percent from 20.8 percent. Thailand, Indonesia and Korea have all sought aid from the International Monetary Fund following the devaluation of their currency this year. Since most personal computers are priced in US dollars, the currency declines make them more expensive in local currency terms. Since the start of the year, the Thai baht has depreciated by 39 percent against the dollar, the Indonesian rupiah by 47 percent and the Korean won by 46 percent. o~~~ O