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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?


To: michael c. dodge who wrote (2432)9/28/1998 2:48:00 AM
From: Maurice S. Green  Read Replies (1) | Respond to of 3247
 
Michael

Your points are exactly correct. I thought one of the purposes of the
TFS China manufacturing was to enable us to compete better because
of the lower wage base in Beijing. The sooner we can get into volume production there the sooner we shall be able to sell our products
at competitive prices.

It appears that we may have to sell unprofitably until China gets
fully on stream. Hopefully some other "Exogenous Shock" will not
blast us, although it does appear that many "Earth Changes" are
becoming more imminent.

Hang tuff.