With the recent falls of Acer Inc.'s stock value, Stan Shih, Chairman and CEO of the Acer Group, urges foreign investors to fairly evaluate upon Acer Inc.'s stock value by taking into account both the long term investments for the core business including the PC business. The subsidiary companies in our long-term investments have overall performed well, and are one by one being listed on the Taiwan Stock Exchange. Their futures look optimistic and are set to grow positively. Although Acer Inc.'s investments were positive, they were not reflected in its stock price. I believe the true market value must be the combination of Acer Inc.'s investments of our subsidiaries, and Acer Inc.'s PC business, Shih reiterated.
Presently investors are apprehensive with the IT industry's growth.
Acer, however, is more capable than all other companies in Taiwan to re-engineer itself, and move forward with the changing economy. Acer holds an abundance of resources and has always consistently re-engineered itself to adapt to changes. For example, Acer Inc. is already driving ahead with the networking and communications business, and it has also changed its PC strategy. We have been more cautious for the desktop PC business in Europe and North America due to the more complicated nature of logistics involved. I hope you will now be able to give Acer Inc.'s stock price a fair judgment, and try to look to the long term.