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To: Reginald Middleton who wrote (16490)1/21/1998 6:11:00 PM
From: nommedeguerre  Read Replies (2) | Respond to of 24154
 
Reg,

"The mantra of any capitalistic entity is to create wealth for its owners. But wealth is a conditional state, for it follows the precepts of Charles Darwin's famous quote, "the survival of the fittest." Until our society reaches the point of true utopia, capital and its access will always be finite. In its finiteness, there will be competition for this scarce resource - a constant competition for capital."

A minor correction: wealth is a "relative" state not a conditional one. Bill has the wealth to become a philanthropist in Encarta97 but does not have the wealth to become one in the eye of the public... Apparently he is also a victim of scarce resources. At least Al Capone was considered a public benefactor for awhile. Al must have been wealthier.

Although beautifully-worded, I believe the following condenses the essence of your literation: "Korg have 3 rocks; Brog have only 1, want more; Brog find club; now Brog have 4 rocks."

Cheers,

Norm



To: Reginald Middleton who wrote (16490)1/21/1998 6:44:00 PM
From: Bill Ulrich  Read Replies (1) | Respond to of 24154
 
&#147You can't be serious! Share!&#133Would you invest your money with a company that wants to, or is willing to "share" with competitors? Let us get serious please.&#148

"We" quite serious. As a matter of fact, I'm an Adaptec investor, which, until a week ago, was a great thing&#133a long string of quarters with successive earnings growth. They have about 70% of their primary market, SCSI controller cards. They also have competition&#151albeit very inept competition. Their business plan is focused on &#147Adaptec improving Adaptec&#148 to get their 70% share&#151not &#147Adaptec killing off competitors and giving away mediocre products&#148 to get it. The consumers win by getting great products. They lose under the MSFT business plan.

I'm willing to invest in a company that kicks butt fair and square. This last quarter was bad for them, but it's the first bad quarter in a very long time and due mostly to this Asian silliness which has hurt many other fine companies, too.

So as far as &#147Let's get serious, please&#148, let's get some solid, substantial, and challenging points, please.

-MrB&#153
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