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    Final Thoughts

    Final Thoughts

    Written by Michael Cowden


    Several of you, including some senior executives, have told me recently that I’m being too pessimistic about pricing. I’m not sure what to say about that.

    It gives me no joy to write about prices falling. No doubt it hurts those holding inventory to see it devalued. But me not writing about prices falling doesn’t mean they’ll stop doing so.

    Michael Cowden

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