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To: Mohan Marette who wrote (63382)	9/3/1998 3:57:00 AM
From: Stewart Walton	Respond to of 176387

Ten percent of China's city dwellers already own PC's? I'm impressed. Great article.

To: Mohan Marette who wrote (63382)	9/3/1998 7:26:00 AM
From: BUYandHOLD	Read Replies (2) \| Respond to of 176387

Sub $1000.00 for CHINA? Mohan Without trying to rain on the parade, I thought it was important to point out that with modest incomes, the picture looks more like sub 1,000.00 (if not sub $500.00) PC's for the ordinary Chinese. That is why the future of "Legend" and "Tontru" may be brighter than HWP or IBM for example. DELL being a perennial low cost producer, hopefully exploits local low labor/parts environment to surge forth. <<China may be great for Intel, but it's not clear how good it will be for the world's PC giants. Grove is a hero in China partly because his chips have helped indigenous PC makers compete with big multinationals. In recent years first Compaq, then IBM, had the biggest market share, according to IDC. But in 1997, IBM was knocked from its perch by Legend, a Beijing company founded in 1984 by the Chinese Academy of Sciences. IBM is now No. 2, followed by Hewlett-Packard, Compaq, and two Chinese companies, Tontru and Founder>> pathfinder.com Happy investing B&H