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To: DX who wrote (12296)	12/17/1997 1:37:00 AM
From: craig crawford	Respond to of 45548

<< I don't think Asia flu will do much damage to network industry. >> Puhleeeeezzz. << Only South Korea is in a huge mess. Others still enjoy good economies and nothing fundamental have been changed since. >> What??? I'm not going to have to start breaking out charts and graphs and things like that am I? It's not even worth arguing. I thought we could all agree that there are serious problems in Asia. I thought the arguments were shifting their focus on the ramifications towards the US. If there is denial about Asia in general we are back to square one.

To: DX who wrote (12296)	12/17/1997 7:37:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 45548

It is because the big customers are from Japan, China, HongKong, TaiWan, Sigapore, and South Korea. Only South Korea is in a huge mess. Others still enjoy good economies and nothing fundamental have been changed since. DX, I believe a bit more research is necessary here. Japan officially announced they are in a recession last week. That was as far as they would go although one could argue it is a depression. They have been in a recession for at least three years. Japan also has the largest GDP in Asia so they count. China is also in a recession but it is more difficult to quantify since they still operate as a Communist State. Hong Kong has an inflation rate of more than 18% with prime interest rates of 16%. I cannot comment on TaiWan or Singapore because I do not have enough data at present. Glenn