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Technology Stocks : Network Solutions (NSOL)

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To: CMon who wrote (933)	4/20/1999 1:02:00 PM
From: Lane Hall-Witt	of 1377

Interesting (and good!) assessment of the situation with NSOL. You've pointed to a problem that extends deep into the corporate culture, far beyond the specific case of NSOL. How much should defense contractors be allowed to profit from government contracts? How much should drug companies be allowed to profit from drug research that is supported by government monies? And so on--. NSOL also involves the twist of an effective monopoly, but the core issue you've pointed to is the fact that companies make money off of us taxpayers. I don't know how much money companies should be able to make from us taxpayers. I'd like to see a plausible "at-cost" operating model emerge, but I don't know what that would look like in cases where public and private investment are concerned. Even more than an at-cost model for NSOL, it'd be socially useful to develop one for utilities, which for decades have been profitable ventures, despite the obvious fact that the lowest possible rates would be optimal for society as a whole. There is much here to ponder. Thanks--.

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