You dont invest in an overseas market with a currency that is expensive and that is now down trending against USD unless you like to lose cash.<div><br></div><div>That is why the asx is where it is.</div><div><br></div><div>The problem with aws is you pay in usd. So if you priced your model 6 months ago, well done your now paying 30% more.<br><br>On Wednesday, 22 July 2015, Chad Kelly <<a href="mailto:chad@cpkws.com.au">chad@cpkws.com.au</a>> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
  
    
  
  <div bgcolor="#FFFFFF" text="#000000">
    <div>Its almost like the article was written
      by someone not in IT. <br>
      Most IT services now a days, particularly in the web hosting side
      of things are becoming standard, and a commodity and everyone is
      doing it. <br>
      And we are starting to get the big overseas players coming into
      Australia as well, which makes it hard to compete. <br>
      Its funny actually because that article praises Amazon quite a
      bit, but a lot of industry people have issues with AWS and the
      business model. Due to the pricing. <br>
      It will be interesting times ahead I reckon. <br>
      <br>
       <br>
      On 7/22/2015 5:41 PM, Simon Sharwood wrote:<br>
    </div>
    <blockquote type="cite">
      <div dir="ltr">Uncomfortable with this article on the basis of
        correlation not equalling causality. There are plenty of reasons
        the ASX hasn't tracked the US markets lately. Absence of big
        tech companies may be one of them. Suspect the fact we're in
        what looks like the tail end of a long growth cycle has more to
        do with it, esp as USA is coming into new growth cycle after
        dipping far deeper than we did post-GFC.
        <div><br>
        </div>
        <div>S</div>
      </div>
      <div class="gmail_extra"><br>
        <div class="gmail_quote">On Wed, Jul 22, 2015 at 1:25 PM, Chad
          Kelly <span dir="ltr"><<a href="javascript:_e(%7B%7D,'cvml','chad@cpkws.com.au');" target="_blank">chad@cpkws.com.au</a>></span>
          wrote:<br>
          <blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Hi all
            Just noticed this on the SMH website.<br>
            <a href="http://www.smh.com.au/business/markets/apple-google-and-microsoft-explain-the-problem-with-australias-sharemarket-20150721-gih04a.html?&utm_source=social&utm_medium=facebook&utm_campaign=nc&eid=socialn%3Afac-14omn0013-optim-nnn%3Anonpaid-25062014-social_traffic-all-organicpost-nnn-smh-o&campaign_code=nocode&promote_channel=social_facebook" rel="noreferrer" target="_blank">http://www.smh.com.au/business/markets/apple-google-and-microsoft-explain-the-problem-with-australias-sharemarket-20150721-gih04a.html?&utm_source=social&utm_medium=facebook&utm_campaign=nc&eid=socialn%3Afac-14omn0013-optim-nnn%3Anonpaid-25062014-social_traffic-all-organicpost-nnn-smh-o&campaign_code=nocode&promote_channel=social_facebook</a><br>
            I don't know that this article is totally accurate though,
            as plenty of Australian providers have been investing in
            growing their businesses.<br>
            But a lot of investors won't invest in tech if their is no
            innervation, and you have areas like the hosting industry
            hear in Australia  where a lot of the bigger players are
            buying out competitors.<br>
            Plus a lot of tech companies hear in Australia are privatly
            owned, not publicly listed so its hard to find out whats
            being invested in. A lot of Australian companies in the tech
            space have global relationships and partnerships it is just
            they don't have the scale of the likes of Google.<br>
            You can't really compare Google with the rest of the
            Australian tech industry for that reason as Google have a
            lot of funds that they can invest into projects.<span><font color="#888888"><br>
                <br>
                -- <br>
                Chad Kelly<br>
                Manager<br>
                CPK Web Services<br>
                web <a href="http://www.cpkws.com.au" rel="noreferrer" target="_blank">www.cpkws.com.au</a><br>
                phone <a href="tel:03%209013%204853" value="+61390134853" target="_blank">03 9013 4853</a><br>
                <br>
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              </font></span></blockquote>
        </div>
        <br>
        <br clear="all">
        <div><br>
        </div>
        -- <br>
        <div>
          <div dir="ltr">Simon Sharwood | JargonMaster Corporate
            Communications |<br>
            M +61 (0)414 37 37 26 |<br>
            E <a href="javascript:_e(%7B%7D,'cvml','simon@jargonmaster.com');" target="_blank">simon@jargonmaster.com</a>
            | W <a href="http://www.jargonmaster.com" target="_blank">www.jargonmaster.com</a><br>
            24 North Street Marrickville NSW 2204 AUSTRALIA<br>
            ABN: 14743763968<br>
            Work blog: <a href="http://jargonmaster.wordpress.com" target="_blank">jargonmaster.wordpress.com</a><br>
            Free/Busy details: <a href="http://www.jargonmaster.com/calendar/" target="_blank">http://www.jargonmaster.com/calendar/</a><br>
            I'm a member of  <a href="http://DHBC.org.au" target="_blank">DHBC.org.au</a> and
            a vExpert
            <div><img src="https://communities.vmware.com/servlet/JiveServlet/download/26788-1-122263/vExpert-2014-Badge.png" height="131" width="200"><br>
            </div>
          </div>
        </div>
      </div>
    </blockquote>
    <br>
    <br>
    <pre cols="72">-- 
Chad Kelly 
Manager 
CPK Web Services 
web <a href="http://www.cpkws.com.au" target="_blank">www.cpkws.com.au</a>
phone 03 9013 4853</pre>
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</blockquote></div>