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


To: Condor who wrote (53910)10/2/2004 8:41:02 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Condor, I trust Ottawa will OK the deal if the deal is in fact negotiated, else Canadian aircraft sales in China will drop to zero, while Australian wheat sales to China wil zoom through the roof.

Then, the next thing one knows, some Canadian Chinese (Wen Jia Bao's 5 year old grandson comes to mind) fellow will show up with a wallet full of money from somewhere and buy Noranda as a domestic-domestic deal.

Resistance is futile.

But, yes, a bit of deal heat is good, especially for my portfolio, and all hard asset positions.

It would also be like a thermometer jammed up Greensputin and BurnAndKaput, since what Noranda sells is neither energy nor food, and price increases will show up somewhere in everyone's steel.

Chugs, Jay