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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: GST who wrote (110708)10/17/2000 11:03:52 PM
From: Victor Lazlo  Read Replies (2) of 164684
 
<<But the facts say otherwise -- we even have a trade deficit in high technology goods -- did you think all those computers and related stuff are made in the US? >>

Actually much of it is, contrary to popular belief. Most TVs sold in US are made in this country- Qual assur is almost impossible overseas.

Besides, it's the intellectual capital, GST, that is the key. India can export software design and software code through the internet, and boost its standard of living. They don't have to make things in a factory!

<<Japan is screwed up politically, and governments there have been plain stupid in running government deficits while refusing to open up their economy -- its true. >>

And corruption is rampant in Japan.

<< As for losses on gold shares, INTC is down by more in six weeks than my gold holdings over their period of decline -->>

problem with that argument is that intc had a great run UP for many years. Gold stocks? ziggy/zaggy, up/down, mostly down, over the years. definatley down the last several yrs. Many are now out of bus now, or dormant.
Victor
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