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<DIV><FONT face=Arial size=2>I also thought it was other issues that took out
that store...aside from the fact that when it first opened it had prices that
were way too high for many of us. I understand that the rent at the mall is an
issue for the last store leaving the mall. </FONT></DIV>
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=donovanjarnold2005@yahoo.com
href="mailto:donovanjarnold2005@yahoo.com">Donovan Arnold</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=joekc@adelphia.net
href="mailto:joekc@adelphia.net">joekc@adelphia.net</A> ; <A
title=jampot@adelphia.net href="mailto:jampot@adelphia.net">g. crabtree</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>Cc:</B> <A title=vision2020@moscow.com
href="mailto:vision2020@moscow.com">vision2020@moscow.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Friday, January 27, 2006 6:17
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [Vision2020] Wal-Mart - was
Doug Jones Says It Clearly</DIV>
<DIV><BR></DIV>
<DIV id=RTEContent>Joe,<BR><BR>Do you have any evidence that KB Toys shut down
in the mall because of Wal-Mart and not other factors?<BR><BR>I claim that it
did not. KB Toys has had to close hundreds of stores throughout the country.
Many of these stores in cities and towns that do not even have a Wal-Mart.
<BR><BR>My understanding is that KB Toys shut down these stores because of
greed. They got rid of under-preforming stores and 3,000 jobs so their stock
value would go up.<BR><BR>_DJA<BR><BR><BR><BR><B><I><A
href="mailto:joekc@adelphia.net">joekc@adelphia.net</A></I></B> wrote:
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<DIV>
<DIV>Gary, </DIV>
<DIV>I didn't think Mr. Schou's analogy blew but here is a real world
example of an inferior business beating out a superior competitor. The mall
used to have a toy store: Kay-Be Toys, or something like that. I went there
f! requently when my son was younger and my wife let me spoil him more.
Wal-Mart drove Kay-Bee Toys out of business. Kay-Be Toys had a far superior
selection of toys and was by any set of standards a better toy store than
Wal-Mart. (Neither are as good as Hodgins Drug Store but that's another
issue.) What happened was that kids go to toy stores with their parents but
parents buy other things besides toys, things that are not sold at Kay-Be
Toys. In short, Wal-Mart offers low-cost and convenience. That is it. It is
'superior' to other stores for these two reasons only. But that is enough to
drive out some businesses. Once those businsesses leave, the folks in Moscow
will have fewer choices, not more choices. </DIV></DIV>
<DIV>
<DIV>You note that "many communities that are co-existing with the worlds
largest retailer to the betterment of its residents." But many are not. It
was noted in Tom Trail's post that two communities like ours were "sucked
dry" afte! r a Super Wal-Mart moved in. For the sake of argument suppose
that 98 communities like ours were not sucked dry. Would you take a pill
that had only a 2% chance of killing you if you didn't need it and you were
getting along fine without it? I don't think so. I love Moscow and low-cost
and convenience are not enough reason for me to risk sucking it dry.
</DIV></DIV>
<DIV>
<DIV><BR>--<BR>Joe Campbell<BR></DIV></DIV>
<DIV>
<DIV><BR>---- "g. crabtree" <JAMPOT
adelphia.net="#DEFAULT">wrote:<BR><BR>=============<BR>Mr. Schou, Your
analogy blows. It seems clear to me that you have very<BR>little
understanding of how an 'all in" bet works but rather than educate<BR>you on
the finer points of poker allow me to propose an analogy of my own.
A<BR>player comes to the game and bluffs outrageously each and every hand.
Soon,<BR>his fellow gamblers see him for! what he is and call him. His weak
hands are<BR>revealed, his resources dwindle and very soon he is out of the
game.<BR><BR>This appears to be the tactic of the common garden variety
wal-mart<BR>opponent. Exclaim loudly how WM will be the ruination of
civilization and<BR>will bring about the heat death of the universe and so
on. When folks see<BR>that there are many communities that are co-existing
with the worlds largest<BR>retailer to the betterment of its residents our
protester is revealed as at<BR>best, wrong and at worst, a
dupe.<BR><BR>Getting back to the original heart of the discussion, hows
about some real<BR>world examples of inferior business' beating out superior
competitors. I'll<BR>be waiting, watching the pages of my calendar flit
by.<BR><BR>gc<BR><BR><BR>----- Original Message -----<BR>From: "Andreas
Schou" <OPHITE gmail.com="#DEFAULT"><BR>To: "g. crabtree" <JAMPOT
adelphia.net="#DEFAULT"><BR>Cc: <JOEKC adelphia.net="#DEFAULT">; <VISION2020
moscow.com="#DEFAULT"><BR>Sent: Thursday, January 26, 2006 4:48
PM<BR>Subject: Re: [Vision2020] Doug Jones Says It
Clearly<BR><BR><BR>>You are right about my confidence in a free market.
Perhaps you could give<BR>>me a few examples where an inferior business
beat out a superior one.<BR><BR>Let me use a poker analogy. If I had a
trillion dollars, played poker<BR>for a living, and won every poker game I
played by going "all in" on<BR>every hand, would I be the best poker player
that ever lived? Hint:<BR>no, I would not.<BR><BR>This is Wal*Mart's
business model: saturate the market, make<BR>monopsonic agreements with
suppliers, and run as thin a margin as<BR>possible in new stores until all
the other business goes under. Is<BR>this a good business strategy? Yes.
Does it contribute to m! arket<BR>efficiency -- which is generally how a
"superior business" is<BR>understood to work? No. It does not.<BR><BR>--
ACS<BR><BR></VISION2020></JOEKC></JAMPOT></OPHITE></JAMPOT></DIV></DIV>_____________________________________________________<BR>List
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