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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: FJB who wrote (7577)1/8/1997 9:08:00 AM
From: exhon2004   of 186894
 
Robert:

re <To think this great country(China) will turn digital overnight is folly>

You also mention 100 million Chinese who have become economically displaced. While I don't challenge that part of what you say, China has the fastest growing economy over the past five years. It also has the fastest growing middle class. If only 30% of the people there achieve the financial capability to own a pc we're talking about over 300 million people.

Additionally, the Chinese are extremely upwardly mobile, "indefatigable in the pursuit of money" according to the economist Galbraeth. They recognize the importance of education and in the digital age a pc is an indispensible educational tool.

Best Regards

Greg Gimelli
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