There are so many poor people in China, and they don't need a super-powerful system. As long as they can get something cheaper and still communicate, that's all that matters. Access to the Internet is the most important thing.
More Quotes from Jeffrey Maxick:
If you look at a company like Dell, it's gone up so much so fast that there was little support between 120 and 130, so its not surprising that they would give some of it back.Jeffrey Maxick
The question is can they offer it free without it looking like predatory pricing. I'm not sure they can do something that extreme when in the next six months they'll be getting some kind of judgment in the Department of Justice trial.
Jeffrey Maxick
It will take five to 10 years for China to become a major force. We're still talking relatively small numbers. I can easily see 100-percent growth in the next couple of years.
Jeffrey Maxick
Stocks don't always trade in conjunction with their business fundamentals. Companies like Compaq and Dell don't have big overseas exposures. They're just getting caught up in this general market sell-off.
Jeffrey Maxick
The market already knows this is going to happen. There are so many things going wrong for the company right now, and this is just one.
Jeffrey Maxick
Right now we have 45-percent PC penetration in the U.S.. It will be years before we see that in China. There's no need for the Internet right now. They have plenty of other problems.
Jeffrey Maxick
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