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To: Bill Harmond who wrote (56984)5/17/1999 1:37:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> No, I don't care about profitability.

Putting words into my mouth again? I know GE and IBM were profitable last quarter but I'm not going to look up their exact margins, either. It still doesnt refute the FACT that more companies fail through expanding too rapidly than for any other reason.

Shall we take the example of AOL or the example of 90% of businesses that have failed in the last 20 years?

(if you're long any of the internuts, i guess you have to take the first example as the gospel if you want to sleep at night- or if you're an underwriter)