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


To: Clarksterh who wrote (23524)8/28/1998 12:25:00 PM
From: akidron  Read Replies (1) | Respond to of 70976
 
Clark, isn't it funny how people who disagree so much can find they have so much in common

FYI ---- look at HK, the oft quoted example of the free-free market. The government's buying stock like crazy to shore it up... how perfect is that? So now the people own a bunch of overpriced stock, so in effect the people bail outthe powerful... give me a break. It just doesn't work that way. What works is when the powerful and the rich, enrich other so that they can buy our goods and the overall market expands.... anyway that's all I have to say... but maybe it was time to explain why I've been a bear for the past year (having been a super-bull on AMAT), and why I think we'll go lower for a while. The thing I'm thankfull for is that I actually practiced what I preached, and went to cash



To: Clarksterh who wrote (23524)8/28/1998 1:04:00 PM
From: derek cao  Read Replies (2) | Respond to of 70976
 
Off topic

Re: 1) Financial transparency wouldn't exist.

You still do not have financial transparency in private held companies. So? You are going to force your plumber release his or her financial statement?

Public company who sell shares to PUBLIC need to let public know basic financial information.

Re: 2) The environment would be horrific.

environment is PUBLIC resources, why should not government regulate it? If you can limit your toxic within your own property, I have no problem with that.

Re: 3) AT&T would still be your only provider phone service

AT&T is GOVERNMENT sponsored monopoly. IMHO, it should a good "managed free market" example.

Derek