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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter

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To: thebeaver1 who wrote (16658)4/22/1999 8:08:00 PM
From: Victor Lazlo  Read Replies (1) of 40688
 
Europe is light years behind many other regions of the world in tapping into technology. They don't get it.

Some business offices in Europe are devoid of computers, or have them off. France has been trying to maintain an antiquated, insular "internet" backbone that is controlled by the French govt. The French govt is afraid of outside influences on its people.

Quick, tell me the French or British equivelant of Microsft or AMZN or Dell or AMGN or SUNW or .... and on and on.

Britain, France and other Euro countries remain class-driven, welfare states that are relatively economically stagnant societies. Creativity is stifled, and the concept of venture capital is completely foreign to these folks.

The US trade imbalance remains so bad, lopsided dollar-wise because we keep exporting high-value technology and they keep exporting cheap, high-volume clothes, shoes and steel to us. We've rescued all their car makers, now, no doubt, PNLK will rescue their exporters.

PNLK will have its hands full getting much meaningful user base from Europe in the near term, IMO.

Victor Lazlo
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