In Bob Pisani’s blog post, “Global Theme: Inflation Worries” how many nations does he specifically name?

In China, a measure of inflation at the factory rose 8.2 percent in May, the highest in nearly four years, thanks to higher raw material costs. Inflation in Asia is a particular concern, because many countries there have very little account surpluses, heavily subsidize their citizens’ fuel consumption, and import much of their food and energy. This includes Korea, the Philippines, Thailand and Vietnam.

Elsewhere:

1) Ford (F) has already said it would be putting off its plan to return to profitability. Now, it’s assembling a plan to rapidly shift entire truck plants in the U.S. to car production, specifically some of the small cars it is producing in Europe, according to The Detroit News.

That’s six by my count.

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AmeriChip International, Inc. (OTCBB: ACII) announced that they have received their first Laser Assisted Chip Control production order from Eaton Corporation. Eaton is a diversified manufacturing company that conducts operations worldwide and has produced over $13 billion in annual revenue.

“Kenneth W. Mann, CEO of AmeriChip, said, “AmeriChip secured the Eaton order because we are the only Tier One supplier* able to offer Laser Assisted Chip Control technology. Based on LACC technology, AmeriChip is the lowest cost supplier. This new Eaton order validates AmeriChip’s unique, patented, proprietary Laser Assisted Chip Control (LACC) technology. Our LACC technology has the potential of reducing costs in the turning manufacturing industry worldwide.”

After the pre-production approval process of 10 gears, the company will begin on the full process, which is expected to be completed by July 31, 2008 with 3,000 parts. After the first ten gears are run through the approval process, AmeriChip

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Fellow Masters, passing on a great article from OldSchoolValue.com on a company called AeroGrow International, Inc. (NASDAQ:AERO) that trades for $2.67 a share. Their AeroGarden that grows plants using just air and water is amazing, but can it get the backing from Wall Street? Be sure to read Jae Jun's detailed analysis which in the end scores 11 of the 15 points where 3 of the points come out neutral. Never heard of AeroGrow? At first glance, I'll admit, I thought the AeroGarden had a fad feel to it, maybe the new Pet Rock of 2008. Just imagine those bad boys with some bubble eyes glued on and flashy packaging, it could happen? AERO shares have tanked over the last year, down 61% so right ...