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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: ScatterShot who wrote (105004)8/11/2006 9:41:24 PM
From: Knighty Tin  Respond to of 132070
 
War is hell, even on threads. But if there is one thing that impacts our military/industrial economy, it is wars that allow weapons, materiel and ammo to be expended so we can sell more of them. Back during Vietnam, the market used to decline whenever there was a threat of peace. They knew more then than we know now.



To: ScatterShot who wrote (105004)8/12/2006 8:16:08 AM
From: Knighty Tin  Respond to of 132070
 
RIO is trying to buy Inco. money.iwon.com I love Rio. I like Inco. But N looks very expensive at these prices. If this chart doesn't give one pause for concern, you've lost your pause button. <G> siliconinvestor.com

Of course, base metal cos. always face a problem when they want to merge. When the other co's stock is down, so is the buyer's, and vice versa when they're up.

The combined co. would be a powerhouse. "You want iron ore for steel factories, eh? O.K., we're the world's largest iron ore producer. But how would you like to get the stains out of that steel with a bit of nickle on the side?" There is no real diversification, as the cycles for steel and stainless steel have about a 99% correlation.