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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: musicguy who wrote (2028)5/8/1998 6:55:00 AM
From: Wayne Rumball  Read Replies (1) of 25711
 
RMGG - Reason I stayed away is they bought a company in China. Chinese probably laughing all the way to the bank.

China can produce goods cheaply. Why you ask? Because they don't actually have a clue what it costs them to produce something. 10 people doing the work of 1 taking twice the time...
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