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Technology Stocks : LSI Corporation
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To: patrick tang who wrote (19920)9/12/1999 10:27:00 AM
From: Jock Hutchinson   of 25814
 
Patrick: I disagree. Q would much rather have an oligarchy with high barriers to entry than a monopoly. Give the scope of the market, the G would surely challenge Q's monopoly. Indeed, you can be pretty much assured that the boys and girls at Phillips American Counsel have already started whispering sweet nothings into the G's ear. Thus, as it currently stands, LSI is in the sweet spot.

Although the standards have changed, my favorite example of the extremes to which our government is capable of construing a monopoly is an example in Aspen, Colorado a number of years ago where the government claimed that the owner of the three largest ski slopes was a monopolist for not including the fourth slope in its day ticket package. Ultimately the case went before the Ninth Circuit, which upheld a lower court's decision in favor of the owner of the fourth slope.

This despite the fact that the fourth slope was always the laggard in quality and only had significantly profitable business when there were seasons that were extremely busy.
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