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Technology Stocks : Oracle Corporation (ORCL)

ORCL 250.34

+0.9%

Nov 5 3:59 PM EST

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To: MeDroogies who wrote (15520)	3/5/2001 1:04:20 AM
From: TobagoJack	Read Replies (1) of 19079

Hello MeDroogies, Thank you so much for the energetic confirmation of my point - namely that ownership of overseas assets does not necessarily benefit the owners, as the multiplier effect and much of the revenue actually belong to the investee country. Chugs, again, Jay YOU SAID: <<2. Realize that Ford owns a huge chunk of Mazda and practically half the European car makers, and GM has a big stake in Toyota and owns the other half of the European car makers - how is this factored into the trade imbalances?>> I SAID: The problem is that the resulting employment, and multiplier effect belong to somebodyelse, along with most of the revenue, with profit questionable. Like starring in a movie on "profit share basis" - not good economics.

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