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To: fedhead who wrote (151150)12/31/2002 2:51:31 PM
From: Lizzie Tudor  Respond to of 164684
 
re: UTSI I'm having a tough time with chinese stocks too. I have a small position in NTES doing great. Some guys on SI from your business (networking) were doing china sales. You know the networkers sell a ton to China. Those people who know china well won't hold china stocks.... I think they feel the game is rigged?

GST doesn't invest in china stocks either I don't think.

The last time I tried international investing was mexico ADRs in 1994 and vowed to never do it again. There were so many issues, currency devaluation and other stuff those stocks were a total wipeout for me. Otoh the indian consultancies infy and ctsh are doing well here.



To: fedhead who wrote (151150)12/31/2002 3:09:53 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
It has been acting super.



To: fedhead who wrote (151150)1/1/2003 2:17:22 PM
From: RealMuLan  Read Replies (1) | Respond to of 164684
 
>>but it would create other jobs in areas that will sell to the booming Chinese market<<

That depends on what is the price tag from the US seller. Take drugs for example, China buys a lot of drugs from the international market, but most of them are not bought from the US, but from the Europe, even if some of the drugs may developed by the US first. the reason? Price is much cheaper from the Europe. The US drug makers simply price themselves out of the market.