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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Michael Abramson who wrote (2756)	2/1/1998 10:36:00 PM
From: Richard Estes	Read Replies (2) \| Respond to of 12617

I have been trading for years, I am not scared of anything. But I am not stupid either.

To: Michael Abramson who wrote (2756)	2/1/1998 11:15:00 PM
From: Richard Estes	Read Replies (3) \| Respond to of 12617

Just got around to reading your url you posted: "If you add-up the bankruptcies, failures, and terminations and divide them by the sum of existing and new businesses in 1994, you get a 4% failure rate. It should also be noted that the number of terminations include people who may have retired, moved, or closed their business for any reason." Want more proof? Knight-Ridder Newspaper in San Jose, CA in an article from Mar, 1995 reported that an analysis by Dun & Bradstreet of 800,000 small businesses show that 70% were still in business after 8.5 years. www.skyenet.net/~jackie. A second source that can verify this is a former Senior Analysis from Dun & Bradstreet, Fugi Saito, who worked on the above report. His analysis showed that of those businesses that do fail, 85% do so in the first five years. But this does not mean that 85% of all small businesses fail! Fugi has left D&B to form his own company and has a web page which also contains an excellent analysis of MLM's in general." www.oanet.com/homepage/fugi Odds are good on starting a business. Where did it have them fail at 90% rate?