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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (107457)	1/16/2012 10:05:23 AM
From: ChinuSFO	Read Replies (1) \| Respond to of 149317

Would you know of any such insider trading for the high tech companies, particularly the high fliers, besides Intel. I think the commodity and old economy stocks such as Du Pont etc. will come in low and in many cases below expectations. I am wondering why companies with large corporate profits are not taking this opportunity to revamp/upgrade their high tech infrastructure. Talking about companies like Exxon etc. who still maintain a significant manufacturing presence in the US. Besides, India and China have increased their taxes on companies who are thinking of repatriating their profits back to their home countries. I hope the Obama Administration seizes on this opportunity and matches those increase through tax breaks here in order to facilitate the repatriation of funds/profits. Already, some companies have started to repatriate irrespective of Govt. incentives since they are discovering that the costs of manufacturing there almost equals the cost here.