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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (40751)11/3/2003 6:33:51 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Jay, Chinese companies are aligning themselves with foreign firms to take over the US market!! Tell those guys that their 'buy American' is going to be a tough act to follow.

It is like I tell AC Flyer: the data is there all over the place, it is just to see the information in it.

UBS Sees Ciena & Huawei as Partners

lightreading.com

Ciena Corp. (Nasdaq: CIEN - message board) and Huawei Technologies Co. Ltd. could be teaming up in a joint reseller agreement that would allow Huawei to distribute some of its optical networking products in the United States, while giving Ciena a deep Chinese sales channel for its CoreDirector.

Speculation surrounding the potential partnership surfaced today in a research note written by Nikos Theodosopoulos of UBS Investment Research.

Thomson and TCL to form joint venture
By Martin Arnold in Paris and Mure Dickie in Beijing
Financial Times; Nov 03, 2003

search.ft.com

TCL, China's largest maker of televisions, and itsFrench rival, Thomson, areplanning to create the world's biggest manufacturer of TVs, with sales above €3bn ($3.5bn).

The two groups are today expected to announce the merger of their TV and DVD-player manufacturing activities.

The Chinese group will own 67 per cent of the venture, to be called TCL- Thomson, with the remainder held by the French group.

Charles Dehelly, Thomson's chief executive, travelled to China over the weekend to sign a binding memorandum of understanding with TCL.



To: TobagoJack who wrote (40751)11/3/2003 11:11:41 PM
From: AC Flyer  Read Replies (4) | Respond to of 74559
 
>>... Ok. I think it will be "GUDD", as in Gold Up and Dollar Down.<<

Jay. The essence of good comedy is........timing!

Gold Drops $7.50 On Stronger Dollar
futuresource.com

Seriously though, I don't claim that this constitutes proof of anything. Just an amusing coincidence.

Oh and for the record, in 2004:
1. Gold down.
2. Dollar flat to up.
3. US interest rates up slightly.
4. US unemployment down. (By 2006 or so, we will be facing a labor shortage in the US).
5. DOW in a trading range of 9,000 to 11,000 with a significant move above 11,000 in late 2004.
6. Nasdaq 2,100 by year-end 2003 and 2,500+ by year-end 2004.