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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 160.52-4.9%Dec 12 9:30 AM EST

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To: Cary Salsberg who wrote (2872)10/21/1997 6:58:00 PM
From: Sam Citron  Read Replies (2) of 10921
 
Cary,

<<My concern is that laissez-faire capitalism functions best in a variety of what was once called a fascist system. The government and business collude to waste natural resources, pollute the environment, export labor to the lowest cost country without regard to wages, living conditions, hours of work, or age of worker, bust unions, eliminate welfare, criminalize immigrants, oppose health care for all, etc. in order to build the "strongest" economy.>>

I don't think that laissez-faire capitalism really exists anywhere in the world, but Hong Kong probably came closest to the ideal. Have you ever been there? I visited in 1984, the year Orwell prophesied Big Brother would be watching. <G> Delightful place that attracts hardworking and aspiring people from many countries. People from Vietnam were literally dying to get in. Very busy place, Asian Tiger, high growth rate of GDP per capita.

You should get out and travel more, Cary. See the world a bit. Or surf the net and talk to people like Gottfried from East Germany. techstocks.com
You will gain a tremendous appreciation for the economic miracle that is taking place so close to your nose, in Palo Alto, that you seem oblivious to it.

SC
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