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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (6657)	8/14/1998 7:58:00 PM
From: Bill Day	Read Replies (2) \| Respond to of 10921

DAK, Thanks for your concern. The Asian counterparts of American Indians were paying taxes (pelts) to the Russians before most American Indians encountered Europeans. The Russian governments throughout the 1800's continued to collect taxes while providing very little in the way of services. From a business, investing, or human rights point of view things got much worse after the revolution, when all businesses and farms were taken by the government. I am aware of nothing the Russian Government has done to encourage economic development, except for Stalin's various five year plans, using prison labor to help build government run industries. The point I wanted to make was that their citizens have no history of starting and running businesses, or even of the idea that hard work will get you ahead. Russia still has potential, but I think it will be a while before they have the real impact on our economy that Japan and China have. Sorry to veer so far off topic. I originally meant that Russian economic problems shouldn't cause AMAT's price to move as much as Japan's can. Bill