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Technology Stocks : Disk Drive Sector Discussion Forum

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To: Pierre-X who wrote (2839)	3/22/1998 10:48:00 AM
From: Bill Martin	Read Replies (1) of 9256

Re: Perhaps a perennially fragmented market is the price we pay to avoid the tyranny of a substandard. Witness the telecom industry over the past 30 years, a state that one might describe as a benevolent but misguided and unenlightened dictatorship. Yes -- I don't know what the "right" answer is either, but you're absolutely correct that the U.S. telecom industry (past?) is a prime example of going too far in the benevolent control direction. I would say on its behalf that our telecom industry provided us far superior service to what much of the European states had for many years, but then the Europeans suddenly fixed their problems and ended up with better technology than most of the U.S. has. Bill

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