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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (6766)4/2/2001 10:24:00 PM
From: robert b furman  Read Replies (2) | Respond to of 8925
 
The dopes are also running out of business the small undercapitalized inefficient small businesses. This is healthy and the efficient use of resources.

For every Lowes there is a closed Furrow's.Don't get me wrong - there could be overcapacity . I don't really ahve a clue.

The reality is more people are working than ever before.Business is good and getting slower only in relation to historical heights that would be unhealthy to maintain.

I think Greenie has nailed his soft landing.Thusly only the 1/2 point cut.We are only 1/4 a point higher than over 2 years ago.This will shore up profitability immediately / in fact in my business it already has. I was paying 8.40 for floorplan now I'm paying 6.25 - that's a reduction in my largest expense by 26-30 %.Many other companies are benefitting from these savings as well.

Bob