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Registered
Join Date: Feb 2001
Location: South Bend, IN (beg Aug-07)
Posts: 98
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Something to think about: Porsche is making a big financial bet on this vehicle. Porsche has no secured debt (tradable bank loans or bonds) - only equity which is still majority family owned. This means that it is using all of its own capital to finance this new model. If this model fails miserably, the company will likely be forced to write down large capital expenses. This means that our little independent company may be forced to tap capital markets further and take it one step closer to being swallowed up into just another corporation instead of the fiercely independent, anti establishment company we know and love.
Don't really know why an SUV needs to go 160mph, but would happily do an even trade for my 914 to find out... I'll wave at the new jersey and connecticut soccer moms, maybe my wife will finally be interested in my car fetish?
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Pete Travnicek
orange 72 1.7L
black 76 2056cc
Always looking for other local 914'ers!!
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