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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Haegin who wrote (1254)	1/20/1998 9:24:00 AM
From: Thomas Haegin	Respond to of 9980

Repost: on China surprise stunt and 2 others ------------------------------- via Infobeat 01/19/98: China shows Cohen secret air defense center U.S. Defense Secretary William Cohen got an unprecedented tour of a secret Chinese air defense center Monday, underscoring new openness and warmth after decades of mutual distrust. Cohen also signed a naval safety agreement designed to avoid accidents and clashes by U.S. and Chinese warships at sea. And, he praised a renewed Chinese pledge that China would halt sales of C-801 and C-802 anti-ship cruise missiles to Iran, weapons which Washington fears might be used in a possible attempt to close Gulf shipping. Cohen and 14 senior U.S. officials became the first American officials ever taken to Air Defense Command. See also infobeat.com China quake victims get aid from U.S. military, see infobeat.com Britain's Cook in Beijing amid warming ties, see infobeat.com

To: Thomas Haegin who wrote (1254)	1/20/1998 9:28:00 AM
From: Thomas Haegin	Respond to of 9980

Repost: Banks merge in Indonesia ------------------------------------ via Infobeat of 01/19/98 >>Not surprising news, I think<< Indonesia banks to merge Indonesia has signaled its commitment to much-awaited bank reform with the biggest-ever merger in the nation's private sector, creating a bank with some $5.9 billion in assets. Banking analysts said Monday it is only the first such move in the sector and more mergers and consolidation are expected as Indonesia hastens to demonstrate commitment to reforms agreed to with the International Monetary Fund to rescue its ailing economy and currency. (CNN)

To: Thomas Haegin who wrote (1254)	1/20/1998 9:29:00 AM
From: Thomas Haegin	Read Replies (1) \| Respond to of 9980

Repost: More good news on Japan.... ---------------------------------------------------- Infobeat from 01/19/98 Japan's bankruptcies reach 11-year high Ruined by a credit crunch and a stagnant economy, Japanese business bankruptcies reached an 11-year high last year and debts of the failed firms were the most since the end of World War II, researchers said Monday. In all, 16,365 businesses went under last year, 12.5% more than the year before and the most since 1986 when 17,476 companies collapsed, according to a report by Teikoku Databank. (USA Today)

To: Thomas Haegin who wrote (1254)	1/20/1998 9:34:00 AM
From: Thomas Haegin	Read Replies (1) \| Respond to of 9980

Repost: News from comp. component maker Adaptec ---------------------------------------- via Infobeat of 01/19/98 >>OK, this FY per 03/98 will be fine, but how about next year..? T.<< Adaptec sees growth in Asia outside Japan Adaptec Inc said Monday it expected revenues in Asia outside Japan and South Korea to grow in strong double-digits for its year ending March 1998. "We're looking at revenues of about US$200 million for fiscal 1998 - kind of 30-40% growth," Chan Chee Keong, Adaptec's regional sales manager for Asia Pacific told a news conference. This covers sales from its products used in systems and peripherals in Asia outside Japan and South Korea, he said. Adaptec supplies critical components for linking high speed devices in computers and peripherals like disk drives. See infobeat.com

To: Thomas Haegin who wrote (1254)	1/20/1998 9:45:00 AM
From: James F. Hopkins	Respond to of 9980

Thomas; Off topic; it's not a burden to me, I guess I'm just expessing my exuberance in finding something that works better than I thought it would. I use to build boxes, and have a room full of junk that turned out to be disapointments. Like 56k modems that don't do as good as the 33.6 ones all kinds of printers that I would be happy to sell below the shiping cost. Too much stuff to list, finding something that works as good as they said it would really impresses me. So I guess I got carried away. I'm sold on HP products, ( in the printing area ) I don't think a lot of thier computers, ( but having built boxes myself none of the off the shelf computers by any company looks good to me. ) -------------- Asia is being hit by the carpet baggers now, the ups and downs between the areas tells me that the big sharks are feeding, and heaven knows what will happen in the churn they turn up. In time I look for the WEB, EWS to climb out of the mess a little ahead percetage wise over the rest. Jim