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Pastimes : Don't Ask Rambi
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To: accountclosed who wrote (21513)4/12/1999 9:45:00 PM
From: BlueCrab  Read Replies (1) of 71178
 
>>someone else to raise the capital to also compete in our business<<

Sure, unless the capital required is high (a la INTC) or the intellectual barriers are formidable (a la CSCO) or the competition has a stranglehold on their particular specialties (GE, MSFT).

I also have to disagree with you strongly on the peace dividend. For decades, the military and their industry soaked the American economy - not for better defense, but for a bloated, terribly inefficient, Byzantine structure that produced (in comparison to the rest of our economy) very little but consumed a huge percentage of our gdp. I will argue that there is no "new paradigm", that what we are seeing is a direct result of greater disposable income resulting from a "peace dividend" that consists mainly of telling large portions of our former mi-ind complex to get real jobs.
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