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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Chisholm who wrote (6090)	2/22/1999 6:24:00 PM
From: jeffbas	Read Replies (1) \| Respond to of 78507

I mentioned the "big faceless chain" syndrome as I was reminded of it just last week by getting a letter in the mail soliciting some pre-arrangement business by a local funeral home operator who started out his letter by emphatically stating that they were not such a (horrible, by implication) chain and had been in business for some 100 years as a family owned business. So it is being used against them by the competition. By the way, ROAC was the memorial company I was thinking of, whose price has not collapsed. But one would think that if a key reason for the problems is a declining death rate they would face similar problems?