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To: Willie Green

much of that has to do with the implosion on wall st. from 2000-2002


11 posted on 10/22/2004 9:39:38 AM PDT by ckilmer
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To: ckilmer
much of that has to do with the implosion on wall st. from 2000-2002

No, "Direct Foreign Investment" specifically excludes portfolio investments in the stock market. It is more reflective of ownership control of specific businesses, and capital investment in the plant and equipment to operate them. Examples would be when a foreign company purchases a business directly from a domestic company, whether it is a factory or a shopping mall. It is NOT the stock market.

16 posted on 10/22/2004 10:41:08 AM PDT by Willie Green (Hawkins/Tonnelson in 2004!!!)
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