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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (51172)	3/10/1999 12:05:00 PM
From: Eggolas Moria	Respond to of 132070

Foreign PC Sales in China -- Imports Fell and Growth Slows (Bloomberg March 10) China's computer imports fell for the first time last year, down 39.2% Overall, computer growth slowed dramatically in 1998 as sales grew by 13.9% to $17.8 billion. In 1997, growth was 41.3%. Foreign-branded computers took a smaller share last year, at 39% of market vs. 48% the previous year. According to IDC's Kitty Fok, PC sales in China should slow again this year to 25% growth. However, a government crackdown on smuggling should "limit the fall in unit prices, resulting in PC sales revenue rising about 22 percent this year." [where does she get this stuff??] Eckhard Pfeiffer is visiting Beijing this week to raise his company's profile. Meanwhile, some CPQ execs have demonstrated a decent level of market acumen, selling a few shares in February at prices in the 40s.