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To: re3 who wrote (75829)	11/16/1999 10:56:00 PM
From: re3	Read Replies (1) of 86076

so said charlie munger of berkie hathaway fame... ?As we sit here, just think of what airlines have given to the world ? safe travel, greater experience, time with your loved ones, you name it. Yet, the net amount of money that's been made by the shareholders of airlines since Kitty Hawk, is now a negative figure ? a substantial negative figure. Competition was so intense that, once it was unleashed by deregulation, it ravaged shareholder wealth in the airline business.? ho ho...wonder what he'd project from the internet biz...

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