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Re: need some advice
Old 12-09-2004, 06:23 PM   #21
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Re: need some advice

I just got my Graphic Arts Monthly and it had an article showing that the number of printing companies is down over 20% since 1997. One company shown as an example at its peak had 27 employees. They had an up to date digital press, very high tech. This year they were down to 5 employees counting family, so they went bankrupt. A sad but familiar story. I think in 5 years most small printers will be gone. Larger companies will have to merge to keep alive. With the proliferation of high speed internet, most publications will be internet only. The exception will be high end annual reports and other presigious presentations.

On a brighter note my spouse and I figured our worse case cynario, and we are still able to keep our house and not cash in retirement funds. We feel a lot more possitive about our future.
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