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To: nord who wrote (9428)2/6/1999 7:02:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 18016
 
Nord,

Check your history one more time... The Industrial Revolution is called a Revolution partly because of the destruction to the existing infrastructure and partially due to the improvement in quality of life resulting from it.

The ATM revolution is doing the same thing to the Voice infrastructure and those employed in it. Check to see what parts of LU, NTL and ALA are being laid off.

CS took its eye off the ball and got caught with trailing edge technology.

FWIW,
Ian.



To: nord who wrote (9428)2/7/1999 4:13:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
Nord: Many of us are less gifted at understanding that qualitative description of the technological hurricane that you allude to and are centered in.

For less savvy folks like myself, numbers represented by Revenues per share and earnings per share together with their annualized growth rates, are easier to understand. These parameters either in aggregate for the Industry or considered on an individual basis must encapsulate the qualitative descriptors of the growth you describe.

You have not cared to explain why there should be a difference.