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Technology Stocks : Intel Corporation (INTC)

INTC 35.75

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3:59 PM EST

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To: Road Walker who wrote (183439)	2/6/2006 5:34:21 PM
From: TimF	Read Replies (1) of 186894

as the same drugs are much less expensive in virtually any country in the world. That fact is entirely irrelevant to the point. Now if you where arguing something like "yes the European governments are controlling the price and intervene heavily in the market, but its worth it because the drugs cost less", then the cost of drugs would be extremely relevant but that isn't what you argued. Laws making the government a monopsony buyer are not free market operations. Maybe you can show that they make things better for most people in a million different ways. If you think you can than fine, but even if that is true it doesn't make the laws market operations nor does it make the markets under such laws free markets. As a result we don't play in the REAL market, which is the world market. There isn't a real world market. There are subsidized and heavily regulated, often to the point of being government controlled national markets. Buyers and sellers are not negotiating freely and determining prices. Governments are limiting prices. The US market is also heavily regulated but it at least has much less regulation on prices, and no monopsony buyer. Tim

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