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To: Skeeter Bug who wrote (94148)	2/20/2000 2:25:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

the hard working jewelers may have a very viable and profitable business operations. however, ignorant investors may give the competition a billion bucks to sample (and the nets are sampling) a business plan that sounds cool. well, the newly funded sampling business plans wrap dollars around diamonds for a business model. this puts out the efficient business model out of business b/c they can't compete. neither can the "new" businesses, but they don't worry about that b/c they still have $500m in the bank. taking the high and mighty "with progress comes pain" stance is not appropriate here. Sketter, You are correct. Actually inefficient business models are making efficient business models not profitable short term. This is due to a poor allocation of assets. Glenn