Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Condor who wrote (53910)	10/2/2004 8:41:02 AM
From: TobagoJack	Read Replies (2) of 74559

Condor, I trust Ottawa will OK the deal if the deal is in fact negotiated, else Canadian aircraft sales in China will drop to zero, while Australian wheat sales to China wil zoom through the roof. Then, the next thing one knows, some Canadian Chinese (Wen Jia Bao's 5 year old grandson comes to mind) fellow will show up with a wallet full of money from somewhere and buy Noranda as a domestic-domestic deal. Resistance is futile. But, yes, a bit of deal heat is good, especially for my portfolio, and all hard asset positions. It would also be like a thermometer jammed up Greensputin and BurnAndKaput, since what Noranda sells is neither energy nor food, and price increases will show up somewhere in everyone's steel. Chugs, Jay

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