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To: Saturn V who wrote (176436)1/7/2004 6:50:23 PM
From: Lizzie Tudor  Respond to of 186894
 
You seem to think that Intel success was undeserved and you are inventing reasons for this "undeserved success".

No I don't, you came in in the middle of a conversation. Someone made a comment that companies shouldn't take over 4 years to be profitable, in other words the startups today are not lean and mean compared to Intel and some others from the 70s. I also commented that Hueyone has said that the 80s firms (he considers intel and 80s firm) didn't need options or a frothy stock market to do well, as opposed to companies founded in the 90s.

I am merely saying that some of these older tech firms reaped huge windfalls from property escalation thanks to prop 13. This was a boondoggle that benefitted Intel and HP at the expense of the new firms like Google. And it was a pretty huge perk at California's expense imho.



To: Saturn V who wrote (176436)1/7/2004 8:26:29 PM
From: brushwud  Read Replies (1) | Respond to of 186894
 
proposition 13 was passed in 1980.

You've said this twice now, but it's wrong:

hjta.org

I know, because I voted against it that day.