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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Stock Farmer who wrote (44638)	7/18/2001 3:46:04 PM
From: Don Lloyd	Read Replies (1) of 54805

John - ...Now, to be fair, this tributary effect was not obvious except to those who were students of macro capital flows. Those who just looked at a specific business would have no insight at the upstream effects. ... From the viewpoint of management inside a given business it doesn't matter if they can foresee the problem or not. They are locked into a game of chicken with their competitors. To survive they must borrow and invest and hope that their competitors either blink or run out of credit first. Regards, Don

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