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oeo2oo

12/07/03 2:50 PM

#178364 RE: Zeev Hed #178361

Zeev,

Working at a very small specialty optical fiber manufacturer, I can second your wariness on China. There is nothing there that gets done without bribery. Corruption is rampant. Most US companies leave the bribery to their agents in China and then pay the agents for consulting fees.

There may be some great investment opportunities in Chinese stocks, but you just never know.
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westpacific

12/07/03 3:01 PM

#178365 RE: Zeev Hed #178361

The web has become such a joke!

The search engine companies with this paid crap have farked it for everyone. Try to find anything anymore, IMPOSSIBLE and a massive waste of time..............................

Unless you know the site you need - FORGET IT.
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nspolar

12/07/03 6:05 PM

#178401 RE: Zeev Hed #178361

nspolar was maybe the first to bring up the Chinese corruption possibility(s) on this thread, some time ago.

Credit where credit is due man. I need my credits. (LOL)

nspolar's has a fuzzy logic theory, and it says that most closed society's do not perform well under the capitalistic model. The reason is that these society's do not have enough internal freedoms to allow for cleansing. The cleansing comes along in time, but only after too much damage has been done, and then at great cost.

There are not that many open socities in the whole world, imo. We have one of the few. Europe is getting better. Asian socities are not open. Japan may be the worst, but the rest not far behind.

Vietnam is a an interesting nation under development, my opinion. They have had a lot of outside influence over the last several decades. Costly in many ways, but positive in others. (They have some beautiful women there as well, imo, but I am getting too old for that.)

Lots of opinions.




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catman

12/08/03 9:07 AM

#178527 RE: Zeev Hed #178361

Zman...I know what you mean about financing...beware is a fine
thing to be...I"ve tried to invest indirectly buy going through
mostly Canadian Companies that have only a small vested interest in China spacifically.
The way _I_ look at it...I dont' CARE if they steal HALF the
money...China has what is it now...4 BILLION PEOPLE ????
The rewards methinks FAR outweigh the risks to MORE than justify
SOME kind of investment...
I've spread out around the world with about 25% of my
portfolio...with a FULL 25% in Gold...specifically CEF in
Canada. I wish there WAS a local ETF for gold but the
only thing that comes close is a MUTUAL fund type investment
with a Scudder Fund and I'd rather cut off BOTH of my legs
than to EVER spend ANOTHER PENNY on a MUTUAL FUND !!!
Why would ANYONE want to PAY somebody ELSE to lose/STEAL their
money from them ???
I've found that I'm MORE than qualified to lose my OWN money.
In FACT...I've already found out that I can be VERY GOOOOOOD
AT IT !!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHHAHAHAHAHHAHAHA
catman....ISYA

PS...AND when it gets 'STOLEN' the money goes into buyin new
sails for ____________MY BOAT_________!
Not some clown in a pinstripe suit that has PLENTY of other
fools to pick on.....

PSS...Sailboat footnote...
ALL of my life I have realized that I'm just a little fish in
a VERY big pond.
It wasn't until I upgraded from a Cal-24 to a 37'D&Mcloud did
I realize JUST how SMALL a fish and how BIG A POND !!!!!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHHAHAHAHAH
as always...buyer beware...I reckon !!!???
:^)