CompuServe Messages

Gee, how do you draw a sideways-smiley-face with egg on it? <grin> I stand corrected: it is MITI, not MITA (I'm going to have to stop staying up so late at night ;-). As to whether or not market protection is a good idea is something of a moot point (I didn't say unimportant :-), as there are already laws in existence which provide for varying levels of market protection. I guess the bigger isssue is whether or not the Japanese should be required to comply with American law. If American companies are not allowed to compete by selling products below cost, should Japanese companies be restricted also? As far as US companies taking-the-same-risks, I don't think it is much of a risk when your government is backing you with truck-loads of money. Once you have the lion share of the market, you can simply raise prices to new heights to get the investment capital back. Does this sound like what happened after we starting coming down on the Japanese for dumping semi-conductor memories (I know, I know… it was simply in response to our actions… or was it ;-). Marcus 🙂