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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: sandstuff who wrote (20400)	8/6/1998 12:42:00 PM
From: Ronaldo	Read Replies (1) \| Respond to of 50264

Sandstuff: In 1987, the last year I lived in Germany "Die Post" had 550,000 employees (remember it was still W.germany). Die Post comprised: the postal service, the telco monopoly and a hugh Savings Bank. This has now been split up and the Telco business is on it's own. So how many employees might they have, now that Germany has been unified? 100,000, 150,000? I really don't know but probably might be in this order of magnitude. Unless they keep some sort of "cash cow" monopoly they are toast. Germany's labor cost, (paycheck + additional labor related expenses) are really high. Germany has an unemployment problem (as the rest of Europe due to unflexible labor legislation). And, last but not least, they will have to write off gazillions of DM's of "old" equipment. I much rather invest in DGIV than in Deutsche Telekom. IMO the future does not belong to these obsolete giants.