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Strategies & Market Trends : Asia Forum
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To: Lee who wrote (6799)9/29/1998 11:23:00 PM
From: Dayuhan  Read Replies (1) of 9980
 
Lee,

<<if it is so quick and efficient, why must it be bailed out? why is it losing money? why does it so often invest in industries that are already at world capacity?>>

Because its obsession with short-term profit prevents it from seeing long-term trends, and because its high-tech modeling systems fail to anticipate the impact that political actions can have on financial markets.

IMHO.

Steve
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