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> This is a purely, mostly uneducated guess on my part, but in the 10-year > timeframe you mention, it seems to me that 10 years ago, give or take (muzzy > femory), we started seeing corporate America absolutely fixate on short-term > profits, and neglect the long-term. In this scenario, I believe, IS will > always get the short shrift. In that case, quite a bit of it has to do with public vs. private companies. Public are the ones that tend to fixate on the quarterly #'s, while private companies can afford to take a longer view, sheltered from the insatiable demands of short-term investors. Mike E.
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