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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO
SYNT 40.990.0%Oct 10 5:00 PM EST
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To: Nick who wrote (1640)5/14/1998 5:51:00 AM
From: R. Bond  Read Replies (1) of 2761
 
***Off Topic***

Nick,

>>He can yank that MFN status if he wants to.<<

I disagree. IMHO, we passed the point of that happening long ago, my friend. Such simple thinking is no match for a sophisticated Oriental mind. The 21st Century -- The China Century. We're there now. If you are up on this subject, I think you know that. The PLA Inc. sorted out corporate sponsorship at the highest level in the U.S. many moons ago. The lobbyists such as Mr.s Kissinger and "I'm in Charge" Hague have been effectively employed for several years. Additionally, denying MFN would arguably incur more losses than gains to the U.S. by removing us from participating in what is a huge economic expansion by historical standards.

China has a lot of power. For example, they are apparently buying up oil reserves around the world. Outbidding all comers, whatever the price. Even dismantling entire refineries and shipping them home to handle the flow. I think they can afford to lobby enough politicians stateside to get what they want.

>>What India did was the only choice it had.<<

FIVE bombs in two days? OTT in my book. Why not just do a computer simulation and send them a disk?

>>Let the chips fall wherever they may. <<

I just hope this sort of brinkmanship doesn't escalate.

Good luck to us both with SYNT,
Bond
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