On 26 Apr 2005 at 14:45, Chris Stoddart wrote:

> Tsk, what fools they are; you'd think that with being in business since 
> 1935 and with 270 stores in the UK they would have worked out their market by
> now. But no, they stupidly overestimate their profits based on digital sales.

Sure, you would think so but pandering to investment analysts by over inflating 
profitability has really only come into vogue of late and yes they obviously 
over-estimated their market.

Even the oldest well established companies screw up, 135 years of plain sailing 
interrupted by wildly misplaced market expectations:

http://www.smh.com.au/articles/2003/12/19/1071337166010.html


Rob Studdert
HURSTVILLE AUSTRALIA
Tel +61-2-9554-4110
UTC(GMT)  +10 Hours
[EMAIL PROTECTED]
http://members.ozemail.com.au/~distudio/publications/
Pentax user since 1986, PDMLer since 1998

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