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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Trebor who wrote (6456)8/5/1998 7:46:00 PM
From: Kirk ©  Read Replies (4) of 42834
 
My only comment on farmers was

-> They overproduce and the government steps in and buys up their surplus so they don't have to take a loss...

-> Compaq overproduces more old PCs than the market wants at the price they need to make a profit and HWP, Compaq, and many other PC investors pay the price for Compaq's mistake. The more nimble ones like Dell do much better.

It feels to me like I pay when the farmers goof (as a taxpayer) AND I get to pay when the companies I own stock in goof. Doesn't seem fair.

Can you tell me again why agribusiness is more important than high tech and deserves government protection?

regards
Kirk out

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