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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (1637)	12/6/2000 2:40:27 PM
From: GraceZ	Read Replies (1) \| Respond to of 4409

The one thing you have to understand about buggy whip businesses is that they usually provide very nice cash flow and earnings right up to the point in which they become obsolete. The other point which seems to escape most here, any rise in the price of silver will accelerate the conversion to digital. A rise in the cost of film and paper will impact the poorest counties before the richest. So a rise in the price of silver contains the seeds of its own demise. I'm not stating that traditional photography will end as we know it, but that digital will cut into the growth in a meaningful way and a lot sooner than any of us in the photography business want to acknowledge. It will do so because it is on a rapid track to become cheaper than traditional and by a large multiple.