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Politics : Formerly About Applied Materials

AMAT 252.25

+0.9%

Nov 28 9:30 AM EST

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To: Gottfried who wrote (20457)	6/16/1998 10:45:00 PM
From: Big Bucks	Read Replies (1) of 70976

GM, Sounds like things are spiraling out of control and no one is at the wheel. The Japanese government seems to be like the proverbial ostrich with its head in the sand, trying to hide from reality. I know that it's not an easy issue to stimulate a huge economy but a jump start seems in order here. Any way you cut it, someone or something is going to have to be sacrificed in order to allow the rest of the economy to start growing again. If Japans' economy goes belly up there will be a protracted downturn for most international companies and competition will force consolidation and downsizing to be as lean and mean as possible. It will be difficult to compete with companies from Asia with cheaper products competing for market share. It is likely that smaller US companies will fare better in this environment as they have more focus and less overhead expenses required to support a large organization. Just my opinion, BB

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