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To: Robert who wrote (43486)	3/5/1999 8:29:00 AM
From: william j cap	Respond to of 53903

Japan PC market seen up 10.3 percent in 1999--IDC TOKYO, March 5 (Reuters) - The Japanese market for personal computers (PCs) is expected to expand by about 10.3 percent from a year earlier to 8.74 million units in calendar 1999, IDC Japan, the Japanese unit of International Data Corp, said on Friday. IDC said the Japanese PC market in 1998 had remained unchanged from 1997 at about 7.92 million units. But PC demand for home use in 1998 rose 28.4 percent from a year earlier to 2.64 million units, helped by strong demand for Sony Corp's Vaio series and Apple Computer Inc's (Nasdaq:AAPL - news) iMac, IDC said, while demand for business-use PCs fell 10 percent to 5.28 million units. Sony, increased its position in Japan's PC market to eighth in 1998 from 17th in 1997, garnering 3.8 percent of the market from 0.5 percent the previous year. In the home-use PC market, Sony ranked third in 1998 by selling 280,000 units, up from 25,000 the previous year, raising its share to 10.6 percent from 1.2 percent. Sales of top-ranked PC manufacturer NEC Corp , meanwhile, fell by 1.1 percent to 667,000 units in 1998 from a year earlier, IDC said. Apple was fifth in Japan's home-use market, selling 231,000 units in 1998, raising its share to 8.7 percent from 6.4 percent. IDC is a research firm that specialises in the personal computer and other information device industries.

To: Robert who wrote (43486)	3/5/1999 8:32:00 AM
From: william j cap	Respond to of 53903

INTERVIEW-3Comsees revenue growing in Asia By Joyce Liu SINGAPORE, March 5 (Reuters) - Recovering Asian economies will help boost revenues for 3Com Corp in the Asia-Pacific region despite the computer networking giant's recent earnings and revenues warning, a senior company executive said on Friday. ''We are starting to see growth now in Asia-Pacific. After going through last year's currency crisis, countries and economies are more stable now,'' Sanjiv Verma, general manager for 3Com South Asia, told Reuters in an interview. ''We are seeing growth now and we believe this will continue,'' he said of revenues in the Asia-Pacific region, which account for 11-13 percent of the company's global revenues. ''As Asia-Pacific is growing, we will see a higher percentage in the overall company revenues,'' he said. On Tuesday 3Com warned shareholders that its revenues would fall short of expectations. It also said it expected to earn roughly 23 cents a share in the third quarter ended February 28, far below consensus estimates of 36 cents a share. 3Com has a market capitalisation of more than US$17.7 billion. Its revenues totalled US$5.6 billion in 1997. ''We did experience some slow demand in Americas, but in Asia-Pacific we didn't see that situation,'' Verma said. Business in China, Hong Kong, South Korea, Taiwan and Singapore was doing well and was growing at a rapid pace in India, he said. 3Com, the second largest U.S. computer networking company, accounted for 27 percent of the market share in the Asia-Pacific region. Verma said 3Com would continue to increase its market share but declined to give a target. 3Com on Friday announced a US$4 million investment over the next two years to build and support information technology education infrastructure in Asia Pacific. The computer networking firm has a product mix that includes networking systems and and components necessary for building a networking infrastructure from a single source. -- Singapore newsroom (65)8703080; Fax (65)7768112

To: Robert who wrote (43486)	3/5/1999 8:33:00 AM
From: william j cap	Respond to of 53903

Friday March 5, 2:40 am Eastern Time Greenspan sees little reason for rate hike-BizWeek NEW YORK, March 5 (Reuters) - U.S. Federal Reserve chairman Alan Greenspan privately sees little justification for a rate boost, Business Week reported in its March 15 issue. Although there is evidence that parts of Asia are slowly recovering from a deep recession, Greenspan is still afraid that a new financial shock could send the global economy ''back to its sickbed,'' the magazine said, noting one Greenspan confidant as saying the international situation was still on Greenspan's mind. But Greenspan was not overly concerned about the prospect that inflation would shoot up because the U.S. economy keeps growing faster than its potential. He credits productivity gains and technological advances for pushing some prices lower. Inflation has also remained muted because oil and commodity prices have fallen. However, Fed officials did not expect such large drops again in 1999 despite the weakness in grain markets, the magazine said. Ex-Fed Governor Lawrence Lindsey said Greenspan may have to worry more about falling prices and less about inflation, the magazine reported.