Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 143.23

-2.9%

Nov 18 3:59 PM EST

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To: Jess Beltz who wrote (6001)	6/24/1998 4:56:00 PM
From: Justa Werkenstiff	Read Replies (1) of 10921

Jess: I see the the Chinese bluffing pure and simple. Foreign trade accounts for only 20% of China's GDP. That is the lowest percentage among Asia's exporters, excluding Japan. Moreover, only 20% of China's exports compete directly with those from other countries in SEA. Even with the devaluations, China's labor cost are still rock bottom. I would say that China can and will suck it up. The risks of devaluation as I have stated before are just too great. I guess we will have to agree to disagree. Still enjoy your posts.

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