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To: Jacob Snyder who wrote (78466)	8/8/2000 5:31:57 AM
From: gdichaz	Respond to of 152472

Jacob: Seems that avoiding a market crash such as that in 1929 and a depression like that in the 1930s is more to the point. Best. Chaz

To: Jacob Snyder who wrote (78466)	8/8/2000 6:00:34 AM
From: Don Lloyd	Respond to of 152472

Jacob - [...You better hope that analogy is incorrect, unless you're short the stock. RCA was the darling of the stock market in the mania of the 1920s. Then it fell off a cliff, and the stock took 30 years to recover back to the 1929 high. And this was in spite of the fact that, as you say, the company: 1. owned all the crucial patents in a new technology (radio) necessary for a new mass market product. 2. had hired all the people competent to use and improve the new technology 3. had a brand name 4. was a vertically integrated monopoly 5. continued to increase sales and earnings through the Depression, something very few companies could do.] It's surprising how much damage an unwillingness to do spinoffs can cause. -g- Regards, Don