On 23/08/07, Richard L. Hamilton <[EMAIL PROTECTED]> wrote: > > [...] > > Its pathetic when companies like Adobe only look at > > quarter-to-quarter > > profits rather than long term strategy. But hey, > > thats corporate America > > - explains why the credit crunch was an inevitable > > thing that was going > > to occur. > > "corporate America" isn't any one thing - it's not only > (_short_sighted_example_), but also Sun, that opened > quite a bit arguably as part of their turnaround. > > (just as long as you're not one of these mandatory volunteerism > nutcases...I mean really, where's the virtue in that?)
Turn around is subjective given that: 1) Interest rates are low 2) Weak dollar which makes exports cheaper - both services and hardware 3) Federal government at its peak, injecting a stimulus of $500billion into the economy each year. If a company isn't doing well in a sorry state of corporate welfare and fiscal extravagance, then something is definitely wrong. Matthew
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