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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Harmond who wrote (36)2/23/1998 12:54:00 AM
From: Bill Wexler  Read Replies (1) of 4634
 
Wouldn't it be wonderful if these so-called franchises could actually produce profits?

How much would you pay for this "franchise" right now? $2 billion, $5 billion, 10? By the way - it isn't a franchise until there are actual customers - a lot of customers.

ATT wants to offer local telephone service through cable lines.

Oh really?

Now there's a "paradigm shift" for you!

It's easy to ride these concept high-flyers in a bull market William. It ain't gonna last.
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