Go to Jeff Salisbury LWGate Home Page.From: Spencer48@aol.com
Subject: Re: [CANSLIM] Fundamental Philosophies
Date: Fri, 6 Dec 2002 12:47:28 EST
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Tom:
Tom, you know I think a great deal of you-over the years you've answered
a lot of my CANSLIM and stock mkt questions. This is not a slam on you-it is
only my opinion.
Over the centuries the general state of nations has been impoverishment.
And this was because (I believe) that neither capitalism nor the rule of law
was permitted to flourish.
My point is that the heavens have not ordained that there will be new
products available. The reason they are made available is because
entrepreneurs are permitted to offer them at what they believe is a
competitive price. Thus, the entrepreneurs are willing to invest in their
introduction into the marketplace.
Mike and Katherine are now offering a similar service to Daily Graphs.
Does this mean the DGO has priced itself out of the market? We will see.
However, what we will not see is new products coming onto the market if
people other (for instance, the government) than the entrepreneurs are the
ones who define "fair".
In my opnion, it is fruitless to define "fair" (everyone's opinion will
differ). So let the marketplace decide if the price charged is "fair", and
let the entrepreneur (who does the risk taking by introducing the product)
initiate the definition of what is "fair" and what is not.
jans
In a message dated 12/5/2002 10:13:11 PM Eastern Standard Time,
stkguru@bellsouth.net writes:
<< Fred, I don't think the direct cost is the issue for many people as much
as the apparent philosophy of making a buck off subscribers at the expense of
all else, including staying competitive in a changing industry, adding new
services and capabilities without also adding new (and substantial)
additional charges for those improvements, and threatening legal action
against even the most ardent supporters if those subscribing supporters dare
share any of the data from either DGO or IBD.
>>
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