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To: William Hunt who wrote (26871)	4/11/2001 8:18:52 PM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 27012

Bill. Yes. The standoff ended partly due to China worrying about losing a lot of the American market. Let's face it, 80 plus billion in trade surplus for China is not chicken feed. This can buy a lot of missiles pointing at us. But then we do want China to end up as a friendly nation. Once the old timers are gone there, the next generation will probably be a lot softer. One thing we do not need is another cold war. I am glad our people are back home but we should probably take another look at our trade with China. I believe we should not have this kind of trade deficit with China. China cannot get away with something like that in Europe, for instance. But you do want QCOM to succeed there, right? gg. And yes, there was a backlash starting. I had already told myself that I would not buy another thing made in China as long as our guys and girls were held there. But as you probably know, it's hard to determine at times where things come from. A lot of times it just says: Distributed by.... China will be a big market for us one day, hopefully. Once the people in China make enough money to buy our products. Turning our backs on them may not be to our advantage in the long run. But again, things should be done a little different. The whole thing was unbelievable. If China wants to join the WTO then this is no way to act. They did act as if we were in a cold war. Surveillance etc is practiced by most advanced nations and distress calls are the norm and a crew should never be detained for such a thing. Saying sorry for loss of live is alright and it was handled ok for a first test. I am glad that we did not cave in and apologize where no apology was necessary. Now let's bring the plane home if there is something left. Someone said: Once it comes back it's probably ready for a Museum. dailynews.yahoo.com The market is trying to find a bottom, I hope. There will probably be a lot of back and forth. An interim rate cut does not seem to be in the cards now but if not in between, hopefully at the reg. meeting in May. Maybe next week will be even better for the NAS. Once the tax season is over. It looks like some of the defensive stocks are being sold in favor of some techs. Here are some stock picks from Mutual funds. yahoo.smartmoney.com Sonny