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Thursday, November 12, 2015 10:19:23 AM
If I was a manufacturer what incentive would I have to stop production to retool( and yes there would need to be some even if minimal) when I can't even keep up with current orders for my current product. If you could sell everything you produce and still have a backlog would you change course? I wouldn't. One bird in the hand verses two in the bush. I KNOW what I have why gamble? Also , how do I explain to all my customers currently buying my product, that I am now going to obsolete my old product that I'm installing today, in favor of a product that will make my old product substandard, but you still have to sell your inventory knowing customers are going to get upset when they find out you now have a better product to offer but because you had old inventory you didn't offer me the better product. Gordian's Knot extreme version. A sword won't work on this one!
John Maynard Keynes1883-1946
Invest, don't speculate! "Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market."
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