From: Spencer48@aol.com
Subject: Non-CANSLIM question : Re: [CANSLIM] Is the market ready to rally?
Date: Wed, 1 Jan 2003 13:57:00 EST
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Fred:
If you have real-time experience in this field (I'm not being snide, I
just forget your resume), do you conclude that firms actually believe that
the bottom-line, when they cut costs, will improve indefinitely?
As I understand your E-mail, you think that most firms don't believe
that cutting costs is just the necessary precursor strategem to buy them
enough time in order to formulate a plan to increase revenues?
jans
In a message dated 1/1/2003 8:22:21 AM Eastern Standard Time,
ffradrich@attbi.com writes:
<< ...I think that all the discussion about the cost side of the
equation reminds me of the same mentality that all those CEO's and Board of
Directors have adopted that cost-savings and employee layoffs are the route
to improved bottom lines. Their strategy is nothing but a short-term fix
and does nothing to solve the long-term problem.
I guess that I belong to another school . . . innovate to create market and
product demand, and provide the best service to your customer. >>
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