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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 246.42

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To: Paul Merriwether who wrote (135919)	12/17/2001 12:13:20 AM
From: GST	Read Replies (1) of 164684

Paul: The WTO will have an impact on China, including the opening of financial markets. The stock markets are still quite immature, but that should start to change right about now. There is not much you can do right now, but things should become more open next year as foreigners gain access to all traded securities and with the full convertibility of the RMB. Mobile communication is booming in China -- it sounds like you know that. Infrastructure development will continue to boom, although there is some overbuilding of office space in ShenZhen for example. The urban population of China will double over the next ten years and they will need to spend about $2 trillion on infrastructure to absorb this surge. The electronics sector is highly dependent on Taiwanese firms -- that is a way to play China although there are some political risks.

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