Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.34

-0.1%

Dec 23 3:59 PM EST

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To: Richard Habib who wrote (101094)	3/19/2000 7:22:00 PM
From: Jim McMannis	of 186894

RE:"It's not rational because it fails to take into account human nature. Without regulation there is absolutely no incentive to think beyond short term goals. A simple example - commercial fishing an industry I'm experienced with. Theoretically, any fisherman understands and supports resource management. But if I remove the fisherman from a regulatory environment (like the U.S.) and allow him to fish in a free environment (like parts of Africa), he will use the smallest mesh available and completely destroy the stocks. "... Rather interesting point. So you are saying that if there were only one breeding pair of a species left that a commercial fisherman would kill them and sell them? I see your point but the problem arises with unfair and equal enforcement of the regulaton. Let's say that our governement decided to prosecute a domestic company such as Intel or Microsoft for monopolistic practices or price fixing. On the other hand, they seem to ignore an oil cartel that raises prices purposefully by cutting production and effectively price fixing yet the said government continues to spend billions protecting the price fixers. Or perhaps a little closer to home might be the use of the Magnuson and Lacy acts to protect foreign countries against our fishermen but ingnoring other laws which actually allow our fishermen to fish in these waters. Fact of the matter is that governments are too self serving... Jim

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