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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: LindyBill who wrote (40469)3/15/2001 11:22:52 PM
From: Brian Sullivan  Read Replies (1) of 54805
 
I heard on the news last night that the Postal Monopoly was planning on raising rates again next year. It seems that since more people are paying their bills online so they are seeming out far few first class letters with postage. The postal monopoly has decide that thier current revenue stream does not cover their (high) fixed overhead costs. They said that they may also close some of the local post offices. But I doubt that we'll see large layoffs or anything else that would reduce the high fixed costs. After all this is the government were talking about.

In ten years the cost to mail a first class letter will probably be well over a dollar.
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