New China-U.S. pacts total $1.1 billion

Article Abstract:

President Clinton's recent trip to China sealed seven business deals for US companies totaling some $1.87 billion, including $1.2 billion in purchase orders and agreements of intent to purchase 27 jetliners from Seattle-based Boeing Co. Aviation industry executives noted however, that only 10 are "new" orders and the others are reconfirmations of previously negotiated deals. Other deals included China National Chemicals Import & Export Corp., which signed $400 million in chemical fertilizer deals with US companies including Cargill Inc. China Great Wall Computer Shenzhen Co. and Shenzhen KAIFA Technology Co. signed a $77 million agreement with International Business Machines Corp. to increase their investment in a hard-drive joint venture. China Huaneng Group signed a $160 million power-plant deal with General Electric Corp.

Comment:

Signed $77 mil deal w/Shenzhen KAIFA Tech & China Great Wall Computer to increase investment

United States, China, Capital expenditures, Contracts & orders received, Administration of General Economic Programs, Office & Computing Machines, Company Planning/Goals, International economic relations, Chemicals & Allied Products, Chemical Manufacturing, Aircraft Manufacturing, Fertilizer Manufacturing, Commercial Aircraft, Fertilizers, Bilateral Trade Negotiations, Export Promotion, Office equipment, International Business Machines Corp., Chemicals, Boeing Co., Trade negotiations, Foreign trade promotion, Cargill Inc., China National Chemicals Import and Export Corp., Article, China Great Wall Computer Shenzhen Co., Shenzhen KAIFA Technology Co.

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After heady gains, Western Digital may be heading for a slowdown

Article Abstract:

Some analysts do not believe the consistent increase in value of Western Digital's stock will continue because there has been no news to explain the large gain in value. Western Digital's stock increased 60% between Jan 1, 1997 and Aug 6, 1997. One reason for concern is that during the coming quarter, unit sales are expected to be flat. Also, Western Digital's inventories are slightly overstocked, which could keep profits down and bring costs up. One of the most serious problems is the company is behind in transferring to magnetoresistive, which is the newest data storage technology. The Western Digital's CEO, Charles Haggerty, predicts a profitable future for the company based on its past profitability, lack of long term debt and the Western Digital's ability to manage its costs well.

Finance, Equipment and supplies, Computer peripherals industry, Western Digital Corp., Company sales and earnings, WDC, Company earnings/profit, Hard disk drive

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Sparq can give your PC a boost- but don't rush to buy

Article Abstract:

Iomega's extremely popular $149 Zip drive is facing competition from SyQuest Technology's $199 Sparq drive. The Sparq disks each hold a gigabyte of informations, 10 times what Zip is capable of holding. Sparq disks are priced at $33 a piece, compared to Zip's $15 disk. The new drive will greatly benefit users with small hard disks on their Windows PCs, by offering them unlimited capacity for programs and a cheap way to store large files. Sparq is also a good investment for users of larger multigigabyte hard disks, as it a inexpensive backup solution. However Sparq is still to rough around the edges for averages to recommend to average users. Problems surfaced in several areas including printing, the installation process and the physical design of the drive.

Plated Wire Memories, Computer storage devices, Evaluation, Product/Service Evaluation, Product information, Column, Design and construction, Hardware single product review, Removable-media drive, Removable media drives, Removable drives, SyQuest Technology Inc., SYQT, SyQuest Technology SparQ (Removable-media drive)

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