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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (7651)1/28/1999 9:01:00 PM
From: John Curtis  Read Replies (2) of 27311
 
Pallisard: The Chinese suffered the benefits, and the negative aspects, of having invented the monster that we all fight in one manner or another today. What's that? The idea of bureaucracy, indeed they invented the bureaucratic state. A great idea at the beginning because of the power the organization implied. However, longer term, as we all know in the corporate world, bureaucracy stifles innovation. Hence the Chinese didn't capitalize on some of their inventions(not to mention cultural distinctions, eh?). As for the Japanese.....well....consider that ~100 years ago they were a feudal society, and from that time until now their story has been one of a culture that basically went from feudal to modern industrial without the intervening stages the west went through(some I'm sure would say this is a good thing, given all the blood involved)....If you consider them in this light then it's easier to understand their manner of allegiances to large public/political bodies...of course, that's merely my opinion. Perhaps some of the Asians lurking out there can point out my errors....I'd love to hear some of THEIR points of view.

Regards!

John~
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