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Hal, thanks for the input, however what I am lloking for is the most sigificant variables to consider when looking at the long-run potential of a company in a consolidating industry. I want to kow which ones will be three or four "finalists" from a group of 10-15. For example, the tele-com industry has undergone numerous mergers in the last few years. How could you have forseen that Worldcom/Bell Atlantic/Ameriterch would be the survivers. I am actually looking at the help-desk software industry (Remedy, Siebel, Vantive, others) If you have any other input, I would appreciate it. Thanks
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