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Day 118
CR
DD(AA)
RC
P1: companies invest in their own business
P2: price increases could be restrained by hear of new entrants
P3: difficult in most industries for new entrants, airlines as an example
P4: The new economy changed it.
P5: as long as money flow, keep prices low. Tech change drive rapid growth and keep prices low
P6: competition reaches deep to traditional
P7: new tech and capital make companies drop prices. brokerage.
P8: etrade was able to raise money VC made it to be first-string competitor
D(E)BAC CDCA
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