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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (83627)9/17/2000 9:52:04 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Spek, Revenues maybe, but margins will decline because the business is more cutthroat every day. True, the weak will be weaned out, but, until they are, it will be rough for everyone, IMHO. I don't like the equipment suppliers at all and much less than the cos. you like. As you said, they have high multiples. And they will do poorly when the weak succomb and sell their rolling stock.