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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (42230)1/14/2003 10:44:43 PM
From: Jorj X Mckie  Respond to of 52237
 
Actually, the Chinese know how to play American businesses like no other. They make sure that there is competition and then they play the competitors off each other with the carrot of 1.3 Billion people always right out on the table. They repeatedly get American businesses to give equipment away at a loss and then buried in the contract is that one little clause that says that all subsequent equipment bought for the next three years will be at the same discount.

American businesses are doing deals all on the come, with the hopes of making up the margins on the add-ons. And those add-ons rarely happen and if they do, it is at a deeper discount.