The *NEW* Frank Coluccio Technology Forum Message Board

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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: LindyBill who wrote (20914)	4/17/2007 3:57:58 PM
From: fred g	Read Replies (1) of 46821

We know how Milkin did it. He spent some time in prison for doing so. Not everyone can make a billion dollars by raping the financial system. (It helps to have a few million as a grubstake to start with.) And then get caught, and decide to rehabilitate one's image by doing visible philanthropy. Let's just say Milken's path is not a very common one, nor one to be emulated. Some Federal grants do carry ridiculous paperwork requirements. I note the federal USF money for school Internet access, which almost all goes back to the ILECs, is rigged with ridiculous paperwork that keeps normal ISPs from even bidding. But then on the other hand I did work on some SBIR bids, which weren't impossible, when working for a qualified firm. And the companies who do big projects have pros who know how to do it. Other small firms just team up with specialists in government paperwork. I spent a number of years at BBN, which gets >80% of its income from federal contracts, and it's just a way of life there. And they did and still do cutting-edge R&D (including inventing the router in 1969). I dare say it's easier to get money the way BBN does than to do become another Milken.

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