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Politics : Formerly About Applied Materials

AMAT 225.18

-1.5%

Nov 18 3:59 PM EST

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To: Jerome who wrote (45118)	4/5/2001 1:38:12 PM
From: Joseph Beltran	Read Replies (3) of 70976

A few decades ago when Japan was on the road to becoming a world economic power they would not allow american businesses to sell high tech in Japan unless Japanese companies were given "licenses" to manufacture the equipment. Of course, by obtaining licenses, the Japanese obtained the engineering and before too long the Japanese built a better mouse trap and our technological lead went to hell for a long period of time. We have now reasserted our technology leadership and Japan knows better than to try that tactic again. I hope that we don't make the same mistake with China. It's one thing to give them a piece of the manufacturing action but we should never, ever again make a stupid mistake like we did with Japan. BTW, the more I think about it, the more i believe that it was a bad, bad judgment call on the part of the P-3 pilot to agree to land in Chinese territory. He could have ditched the plane and everyone could have been rescued. He must have known this was going to create an international incident. In any event, I realize this is monday morning quaterbacking and not very fruitful. I hope we get our people back pronto.

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