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To: Bindusagar Reddy who wrote (39190)3/14/1998 8:03:00 PM
From: pat mudge  Respond to of 61433
 
Frank, are you aware that Japan used to be 20% of their revenues prior to 2nd half of 1997, it dropped to 5%, mere 5% of the revenue. How low can it go. It can only go higher. Lets say it drops to 2.5 % of revenue.

Ashby addressed this yesterday by saying the bad news was their Japanese market had dropped to 5%, and the good news was it couldn't drop much further. In his words, "The second half will see growth."

I don't think he could have been more clear.

Pat


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