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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: gg cox who wrote (53934)10/3/2004 12:05:42 PM
From: Seeker of Truth  Read Replies (1) of 74559
 
Can Duopolies make money? Think about Boeing and its European competitor, Airbus. Nobody else is important for commercial transport planes. Neither of them make much money. They competitively bid against each other. Customers and manufacturers both get government financial assistance, and consequently govenmental supervision.
I wonder if Vestas and General Electric will be in the same position? These are huge projects; each large and efficient windmill system costs megadollars. They are competing for the largest such system in the world, for something like 200 million pounds, from an agency of the UK government. The Briish government is not likely to declare that they are giving a generous price so as to benefit the economy of Denmark or the US, respectively.
I'm neither long nor short VWS.CO.
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