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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (22739)	8/10/1998 1:07:00 PM
From: Paul V.	Read Replies (1) \| Respond to of 70976

Big Bucks, >I look at it this way, if the workers at home get layed off due to foreign competition, then these companies lose the "home consumer" market since layed off consumers don't havediscretionary money to spend on non-essential "consumer" items. We may see some increasing international tariffs become common place to fend off export dumping that is depressing products produced at home in many countries with higher valued currencies. If this occurs then it will further depress the Asian recovery outlook, IMO.< We must have been thinking about the same subject since you answered my question with the above. However, if nothing is done regarding the dumping of cheap 16 ram chips by the Pacific Rim won't US labor still be laid off? Forcing the upgrades, it appears to me, would put the pressure on the ASIA countries to upgrade and use US Capital to upgrade. Intc could make such a purchase. But, then maybe the Justice Dept would really go after INTC. Just my $.02. Paul V.