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To: Bearded One who wrote (97287)3/23/2000 9:14:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
The problem with the old economy is that it is so challenged with change (global markets and global labor, plus the information revolution) few know who's swift enough to preserve share and margins, let alone enhance them.

Plus the Far-Easteners made sure there was plenty of excess capacity in old-economy industries.