Mon, Aug 20, 2007 - Page 12 News List

Subprime crisis could affect EPS

FELLING THE EFFECT Firms that depend on the US market for a lion's share of their sales could see a worst-case scenario in which earnings per share decline 10 percent

By Jason Tan  /  STAFF REPORTER

Researchers at the US investment bank said strong revenue momentum in the PC-related sector would continue and listed Acer Inc, Asustek, Wistron and Compal Electronics Inc (仁寶電腦) as its top picks.

Lehman Brother said large-cap, flagship motherboard and notebook assemblers would take the TAIEX to the next level.

The TAIEX closed at 8,090.29 points last Friday. The benchmark index has dropped 1,495.61 points or 15.61 percent since the close on July 20, after investors were spooked by the US subprime loan crisis.

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