SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Willie CB who wrote (26181)12/20/2000 5:36:31 AM
From: Dealer  Read Replies (2) of 65232
 
To: Ron Reece who wrote (87265)
From: Don Lloyd Wednesday, Dec 20, 2000 2:36 AM ET
Reply # of 87273

Ron -
All good points.

...The very nature of this cut-throat competition displays some the reasons for the current profit recession. However, when the shakeout is over, those corporations still left standing will be the ones who have the tremendous revenue and profit potential....

In the end, the profitable companies will be the ones with a sustainable competitive advantage, which may in part be simply an ability to execute successfully at breakneck speed under high stress. Whereas in a normal economic environment, (if such a thing exists), three companies may vie for a market that can only support one or two, an easy credit environment may draw in five competitors. Even for the survivors, all is not roses, as the inevitable liquidation of the losers produces a period of profitless production for all.

Regards, Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext