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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Frank Pembleton who wrote (15403)2/22/2002 10:08:47 AM
From: Steve Lee  Read Replies (1) of 74559
 
"financing capex isn't all bad"

Depends on capacity. Funding capex if it is not economically viable is bad. EG should the govt fund the laying of network infrastructure or chip building today, with such a glut of capacity in both areas? Best way is to let the market decide.
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