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echo: locuser
to: Bob Lawrence
from: Bill Grimsley
date: 1996-05-23 14:10:46
subject: hot prices

Bob, at 08:35 on May 23 1996, you wrote to Bill Grimsley...

BL> ROFL! Does this mean you admit I was right?

BG> Dunno, I thought you were specifically discussing the electronics side of 
BG> these companies. Mitsubishi also makes supertankers, trains, planes, cars, 
BG> etc., but I don't take that into consideration when comparing them with 
BG> other companies who only manufacture electronics. 

BL> Actually, no Korean company manufactures only electronics. Samsung
BL> makes shirts too. It was Korean-government policy after the war to set
BL> up these monstrous diversified Chaebols, like the Japanese zaibatsu.
BL> In Japan, Toshiba and Sony come close to an electronics-only company,
BL> but nothing like that exists in Korea.

I'm not into Asian business practices, so I bow to your superior knowledge.

BL> In Korean chaebols, electronics is the least of it. From memory, 
BL> Samsung smelts steel too.

I smelt steel once, but it had no discernible odour that I could detect.

Regards, Bill

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