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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: P. Ramamoorthy who wrote (7648)1/28/1999 12:29:00 PM
From: Pallisard  Read Replies (5) of 27311
 
Ram - The orientals seemed to have had their inventive crest a few thousand years ago, having been displaced by Europeans. They're excellent innovators and gadgeteers, especially the Japanese, once they've stolen the technology, but original breakthroughs? They seem to have gone stale in the context of main stream world societies on original thought, almost as if they need an infusion of new DNA. Perhaps millenia of inbreeding causes that. During the year I spent in Japan, I noted that they seemed to be able to COPY anything, but getting the original idea seemed to escape them. Of course these are my own subjective conclusions, but you apparently agree.
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