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To: Dale Baker who wrote (29198)1/22/2013 11:48:43 AM
From: Mark Marcellus15 Recommendations  Read Replies (1) of 32936
 
Like Jorj, I'm amazed to see people on an investing site talking like a bunch of socialists. A co-op is a fantasy. Never mind that people never really did pony up in volume (and there were howls of outrage from many lifetime members) when subscription models were floated. There's the matter of the 2 AM phone call when the servers go down, and who is going to take it. If you don't have a business where people are getting paid to do that it's just not going to sustain itself over the long term.

It's true that over the long term a business has to treat its customers well in order to be successful, and SI's history on that has been inconsistent. That's certainly a reason to adopt a wait and see attitude, but not a reason to trash the new owner before he's had a chance to show us what he's going to do. I would also add that taking a legacy business and changing it to attract a completely new customer base is not a particularly promising approach - if your goal is to invent something completely new, why buy a legacy business in the first place?

There are ways to do this and make money. The Motley Fool seems to have found one, and I'm sure there are other options for someone who knows what they are doing.
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