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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: rocky haag who wrote (34478)7/19/1998 9:56:00 AM
From: John Rieman  Read Replies (3) | Respond to of 50808
 
Alex was on CNNfn Friday. Here's the transcript. He didn't get enough time to make his points.........................

cnnfn.news-real.com

CEO, Alexander Balkanski.

Thanks for joining us.

ALEXANDRE BALKANSKI, CHAIRMAN & CEO, C-CUBE MICROSYSTEMS: My pleasure.

HOPKINS: And what's the reason that you're not more affected by (11:43:40) Asia since you sell so much to Asia?

BALKANSKI: We sell a fair amount in Asia. We sell consumer electronic products, but we also have a big system division in (11:43:50) DiviCom that has been performing outstandingly for us. So, on balance, we have been able to put up very good numbers and improve performance year over year.

HOPKINS: So, (11:44:00) what are you finding - that people in Asia are willing to spend on the right products or what?

BALKANSKI: Yes, essentially, we' finding that the products we sell (11:44:10) in Asia are consumer electronic products, $100 retail price point - and that is not affected nearly as much as capital equipment - much larger pieces of equipment - might (11:44:20) be.

HOPKINS: Now, China is a big market for you, and that market has not been affected by any of the crisis in the rest of the region?