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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: EL KABONG!!! who wrote (39769)10/20/2003 10:22:42 PM
From: elmatador   of 74559
 
Te sequel <<thoughts on BT Group ... Investment worthy ... Up to snuff as a telephony company>>
An enterprise operating in that scenario I described -posting 39866- is defensive and play to survive to fight another day and will slowly go into oblivion. But there is the time scale. It won't happen overnight, it will slowly move into irrelevance. Think about trams, telex, trains, travelers checks, cruise ships... to get a perspective of how this things will disappear and no one even notice.

Message 15143545

You travel in Europe and you see still some trams tracks which were not yet asphalted. One day, there will be some cavernous underground ducts and galleries filled with copper wires that it was not even worth the effort and cost of taking them out. The same what happened with the tram tracks that no one even bother uproot them and just put asphalt on top of them.

In Petaluma I saw a former Central Office transformed into a shopping mall. At least the real estate can have some uses.

To be continued...
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