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

To: Thomas Haegin who wrote (4112)	6/2/1998 4:33:00 PM
From: MikeM54321	Respond to of 9980

Re: Dell's comment about Asia Thanks for the welcome Thomas. Here's a little minute, but interesting, detail. It's a little clip about the "PaineWebber Growth & Technology Conference." The rest of the report said most presenters, including the big one, Microsoft, lacked details and punch. Overall it wasn't an upbeat conference according to the report. I'm just thinking, if these companies can't get up at a PaineWebber conference, do a major dance and pump up their companies in front of hundreds of analysts, I just wonder if we are going to be getting our "Asia did it to me," warnings real soon. It will be interesting to see. It usually happens in batches. It's like a game of chicken. Who is going to go first and announce problems. Once one major tech player bites the bullet, then others rapidly follow. If the warnings don't happen in the next two weeks, maybe the bottom has been hit? No way. We, on this Asia Forum board, have seen some pretty bad news come out since the earnings warnings and announcements of Q1 98. >>Meredith did discuss how Dell has been one of the only companies to so far weather Asia's economic woes, racking up 35% year-over-year revenue growth in the first quarter. "That region is having negative growth right now," says Meredith, who then asked the crowd whether they knew of a competitor that made money in that "tumultuous region like we had."<< MikeM(From Florida)

To: Thomas Haegin who wrote (4112)	6/4/1998 4:43:00 AM
From: Thomas Haegin	Respond to of 9980

Repost: *** Australia not feeling Asia pinch from Infobeat, 06/03/98 Australia's economy steamed ahead in the first three months of 1998 at an annual growth rate of almost 5% despite the crisis in Asia, surprising many analysts. Economists had been divided about the effects of Asia's economic troubles on Australia's growth, with some expecting signs of an economic downturn to appear in the latest figures and others predicting a final burst of growth ahead of a slowdown later this year. (USA Today) <eom>