InvestorsHub Logo
Followers 2
Posts 322
Boards Moderated 0
Alias Born 01/02/2001

Re: Bixmann post# 2807

Friday, 08/31/2001 3:29:04 PM

Friday, August 31, 2001 3:29:04 PM

Post# of 3174
Bix, this is the last post I am going to make on this topic, because you appear to not care whether you are wrong or right. You just want to argue and clog up the thread with nonsense.

1. IBM has lost market share in China if you compare 1996 to now. In 1996, IBM was the leading PC supplier in the Chinese market. Until last year, IBM also led the Asian PC market. They don't any longer. Legend does.
http://news.cnet.com/news/0-1003-200-4756401.html?tag=rltdnws

2. Market share does not equate with units sold. You can increase units sold by 22.3%, but if the total number of units sold in the market increases at a faster rate, then you can actually lose market share. End of story. IBM in Asia is a perfect example. IBM increased sales in Asia 27.9% in 2000. But total Asian PC sales increased by 30%. They did great, but lost market share. Argue it all you want, but you have proven more than once that you have no shame.

3. The U.S. will not and cannot issue tariffs against Chinese computers once China is a member of the WTO. Also, according to the US-China WTO agreement, China will have to phase out its tariffs against U.S. computers, eliminating them by 2005. http://www.uschina.org/public/991115a.html

4. This discussion really has very little to do with CBQ, Bix. You have gone on and on about IBM being able to compete against low-cost computers, somehow trying to argue that this shows they will be able to defeat CBQ when it imports low-priced Chinese computers. First of all, I've shown that you're wrong. IBM has lost to Legend in China and Asia. Second of all, CBQ will not need to worry about IBM in the U.S. If CBQ takes one-tenth of 1% of the total computer sales in the U.S., they will succeed beyond my wildest dreams and my CBQI stock will be worth more than it is now. One tenth of one percent, Bix. That would represent about 44,000 units shipped. Multiply that times, oh let's say $500/unit, and they would have grossed $22 million. I don't think CBQ needs to take that one-tenth of one percent away from IBM, Dell, HP, or Compaq. There is 30% or so in the bottom-tier of the market that they can steal share from, Bix.

5. Did I say I'm done with this discussion, Bix? Well, I am.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.