| Makes perfect sense I'm no fan of Fairpoint, but marketing costs less than network upgrades, and is designed to increase revenues exponentially over the amount spent. Therefore, spending on marketing is usually a good idea, as long as the increased revenues are spent wisely. Clearly a big if, however.
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Jay: What the @#$% is the internet??? |
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Lazlow
join:2006-08-07
Saint Louis, MO | It is exactly that type of thinking (short term) that got our economy into the situation it is in. Over a couple of year period marketing can get a company a lot of profits, but marketing something that they cannot provide will only cost them more business (long term). Roughly speaking companies have been living paycheck to paycheck(not investing) rather than planning ahead. |
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 Dominokat"Hi"Premium
join:2002-08-06
Boothbay, ME
kudos:2
 ·RoadRunner Cable
1 edit | So what really happens if this company totally bombs and can't get out of bankruptcy? I don't understand how bankruptcy works but I assume another company might take over, but what if not? Do we loose everything and head back to the 1800's with no service t all?
Sorry if I seem nieve, I am when it comes to bankruptcy. |
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Lazlow
join:2006-08-07
Saint Louis, MO | Assuming they cannot get out of bankruptcy, either they will be sold off or the creditors would try to run it. Usually this means that they will be sold off. It may mean the creditors have to take a large enough loss to make the assets cheap enough for someone to buy them. |
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