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


To: porcupine --''''> who wrote (7319)5/25/1999 11:48:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 78610
 
PORX: <<low-profit-margin industry..is highly competitive -- due either to ease of entry (like retailing), over capacity (like autos), or both (like apparel).>> Also high exit barriers makes it difficult to adjust capacity to demand shifts...who ya gonna sell that specialized plant to?