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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (5857)3/17/2003 8:32:46 PM
From: Sun Tzu  Read Replies (2) | Respond to of 25522
 
So are you saying that outspending your competition at the bottom of the cycle is a strategy they won't (or shouldn't) play anymore?



To: Jacob Snyder who wrote (5857)3/18/2003 11:31:13 AM
From: Pink Minion  Respond to of 25522
 
>> Well, maybe they can get taxpayers to bail them out, which is slightly less stupid than bailing out airlines

But that's exactly what these countries are doing. TSM, CHRT, etc. are backed by the government. It was Japan in the 80's, Korea in the 70's, then Taiwan and now China.

It sure does seem to mirror the steel industry in this aspect. These countries rather have the US$ cash flow and jobs than not be in the business at all.


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