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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (389)6/15/1998 9:01:00 PM
From: Freedom Fighter  Read Replies (1) of 1722
 
>Imo, the UAW has made a big mistake calling this strike now. Their
reasoning is that there isn't a lot of slack in the U.S. labor market.
But, GM can find a lot of labor in Asia at the moment. And, they no
longer have to build a factory from scratch. They can now buy
>first rate Asian factories -- at going out of business prices.

Just curious about your view on the possible bargain assets in Asia. If more and more U. S. companies take advantage of that prospect, aren't they laying off somebody else's heavily indebted, undersaved customers.
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