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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (4379)11/9/2001 2:44:57 PM
From: NOW  Read Replies (1) of 99280
 
good post. However, I think it is a mistake to see this simply as a capital spending crisis engendered by overcapacity. It is far more than that IMO. Look at real profits...when was the last time they were this bad? REAL profits, not the pro forma garbage everyone seems to love to swallow.
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