Item Subject: cc:Mail Text
NEWS.COM reports on a talk Mr. Platt gave recently.
"The thing we didn't understand was how quickly
emerging economies of the world would collapse
on us," Platt said. "Hewlett-Packard growth in the
last five years has been fueled by explosive growth
in emerging economies. We have done very well in
all of these emerging Asian, European, and Latin
American countries.
"Korea is an excellent example. We grew from
zero to a billion dollars faster there than we had
ever grown to a billion dollars in any other country.
"There is no way we are going to do $400 million in
Korea this year."
...
"You are going to have to find
$600 million worth of business somewhere else just
to have zero growth this year."
The full story is at
< http://www.news.com/News/Item/0,4,26102,00.html >
--Glenn Cole
Software al dente, Inc.
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