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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: j.o. who wrote (14161)	5/17/1999 8:38:00 AM
From: Les H	Read Replies (2) \| Respond to of 99985

biz.yahoo.com biz.yahoo.com I've followed at various times four companies (CTSH, IMRS, ITIG, MAST, and there are probably others) that do a lot of offshore development. Most of these stocks have come down recently because of concerns over Y2K work.

To: j.o. who wrote (14161)	5/17/1999 9:19:00 AM
From: donald sew	Respond to of 99985

J.O. I use to be in the shipping industry so my background was international trade. Overseas suppliers now have a method of selling their goods in the U.S. without dealing with the middle-man/retailer. As you mentioned INDIA and the PHILLIPINEs, they will work with much lower salaries at that end and the only high salaries they need to deal with is to administer the distribution centers in the U.S. Warehousing costs are minimal now with the sophisticated/automated systems. I just feel this is great for the whole world. The internet will be a forum that will make other countries more competitive and narrow the imbalance in wealth. Of course many Americans will take the position of greed and not want the foreign countries to gain at the expense of the U.S., but the result may be a greater world peace. From a YING-YANG perspective, the internet could become a forum for developing nations to develop faster which could improve the imbalance of global wealth, which in turn could lead to greater world peace. The internet has so much potential, but the potential is not just limited to the U.S. No, they will not make SEARs or AMZN go bankrupt, just that it will make it tougher for them to maintain high margins which is of course good for the consumer. What many do not realise is that an exporter overseas could sell their products at about 50% lower than normal retail and still make profit. For example, high grade shoes ,in the category of FLORSHEIM, which retail for about $100, has a CNF cost of approximately $20 from the exporter. CNF means that it includes the cost of freight and insurance from overseas, but does not include the customs tariff. Of course it will not be overnight, but alot faster than many U.S. companies would wish. seeya