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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (36025)	12/26/1999 10:43:00 AM
From: Haim R. Branisteanu	Respond to of 99985

Bought any rope lately? Probably not, unless you climb, jump or boat. But in the late 1890s, Standard Rope & Twine Co. was one of the nation's largest businesses. In fact, its stock was briefly in the Dow Jones industrial average. Hardly any of the companies that saw the last turn of the century are around today,at least under their names then. Assuming Cisco will be around in 50 years. Remember Standard Rope & Twine? It came to the end of its tether in 1905, and Standard Cordage, a company that continued some of its operations, was liquidated by 1912. For the record, the U.S. Census Bureau reported last summer that the nation's fiber-based rope, cordage and twine mills shipped a little less than $800 million worth of product altogether in 1997. That's half a month's sales at Microsoft.