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Thursday, October 12, 2006 11:03:20 AM
No doubt with labor costs being what they are here, Panda will be able to make them at higher quality for the same price, or the same quality for less.
Average wages here for skilled workers is somewhere between 1/4 and 1/8 of those in the states. Engineers you can buy for $1000/month if they're good.
Either way, Panda must see the writing (and the $$) on the wall hehe.. I just asked my wife if she knows of Panda, and she responded with an enthusiastic "yes!".
Nothing like having a household name on the books!!
BM
* don't take anyone else''s word - verify all information for yourself from the appropriate authority.
** not a buy or sell recommendation, all my posts are IMO.
*** http://www.investorshub.com/boards/board.asp?board_id=7926
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