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 147.49

-0.6%

3:59 PM EST

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To: Jim Willie CB who wrote (6380)	7/27/1998 9:26:00 AM
From: Katherine Derbyshire	Read Replies (6) of 10921

>>they have no concept of Anglo-Saxon beauties like "liquidated inventories, massive layoffs, bankruptcies, debt writeoffs"... all these are alien...<< I completely agree with you that Japan is in big trouble. But if you ask the average citizen of either country whether they'd prefer lifetime employment to massive cyclical layoffs, what answer do you think you'd get? The Japanese culture is the way it is because it has served the Japanese people well for thousands of years. It's not going to turn on a dime just because we in the West think it should. Nor is Japan ever going to sacrifice the perceived interests of its citizens for the interests of Korean, Taiwanese, or American gaijin. Just my opinion, Katherine

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