Bob Brinker: Market Savant & Radio Host Message Board

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

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To: Kirk © who wrote (6536)	8/8/1998 6:32:00 PM
From: edward miller	Read Replies (2) of 42834

Kirk, You are comparing "apples to potato chips". The typical farmer is one (very undercapitalized) individual. Even a relatively small semiconductor company has 1000 employees or more and enough sales to budget these purchases. I've been in electronics since 1975, and much of it in the semiconductor business. You are comparing normal business competitive risk to a weather driven catastrophe. As an additional point most small farmers don't have trading skills necessary to trade the futures pits. They work the land. That's what they know. They work so hard that the work is their entire life, with just enough time left for minimal community work and religion (except for a few well-heeled farmer family corporations). That's it guy. Many farmers don't want to do anything else because they could never work where they could be with their family all day like on the farm. They are really that devoted to their families. I am sure not all are like that, but many are. We certainly have a lot of risk in our business but compared to the farmers our financial payback isn't so bad. Ed Miller

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