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Strategies & Market Trends : The Millennium Crash
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To: Don Lloyd who wrote (5259)6/8/2000 10:01:00 AM
From: LLCF   of 5676
 
< For high productivity growth, capital is being destroyed in relatively short order in many sectors, and the existing companies will be under stress, both facing new competition and the need to update their capital facilities. This should favor the psychologically-based bidding up of new competitors, and the downgrading of the old line companies.>

I'm sure most are aware of the book 'The Gorilla Game' which IMO is an must read.

DAK
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