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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (66469)7/20/2005 1:38:32 PM
From: energyplay  Read Replies (1) of 74559
 
Slagle - that's pricing what the market will bear. It isn't bad.

Fixed prices are realitively recent development.

Drug companies, oil companies, semiconductor companies and even internet companies are not charities. Well, some of the internet companies were - but they ran out of money.

And most real business are started and new products are launched to get excess returns - not to earn a "reasonable profit".

A reasonable profit is like having a JOB, not BUSINESS.

While disagree strongly, I do appreciate your posts and prespective.
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