<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content=text/html;charset=iso-8859-1 = http-equiv=Content-Type> <META content="MSHTML 5.00.2919.6307" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV><FONT size=2>Mr. Rohde and all,</FONT></DIV> <DIV> </DIV> <DIV><FONT size=2>How I do hope you are on target. However, with = Willem's store closing I guess I'm left with the impression that at least a portion of = our business is suffering.</FONT></DIV> <DIV> </DIV> <DIV><FONT size=2>My point was that in the past, industries would = lay-off and cut back etc., but once the demand returned they'd get back on line and = produce. Far too many of these factories are now out of country. Therefore the = layed-off employees are out on the street, the buildings are boarded up, and = people are fighting over lower paying jobs with fewer benefits. At least that's the = story in my part of the country. If you are not experiencing this (yet), = congrats, and the best of luck to you!</FONT></DIV> <DIV> </DIV> <DIV><FONT size=2>Roy</FONT></DIV> <DIV> </DIV> <BLOCKQUOTE style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: = 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px"> <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV> <DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B> <A href="mailto:rohde@pdnt.com" title=rohde@pdnt.com>Ted Rohde</A> = </DIV> <DIV style="FONT: 10pt arial"><B>To:</B> <A = href="mailto:pianotech@ptg.org" title=pianotech@ptg.org>pianotech@ptg.org</A> </DIV> <DIV style="FONT: 10pt arial"><B>Sent:</B> Sunday, January 28, 2001 = 8:47 PM</DIV> <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: bittersweet day - = now recession business</DIV> <DIV><BR></DIV> <DIV><FONT color=#000000 size=2>Mr. Ulrich and all,</FONT></DIV> <DIV><FONT color=#000000 size=2>    I read with = interest your comments on the "luxury" service that we provide withstanding a recession.   I've been in business through three recessions = (late seventies, the one mid eighties, and the "worst economy in 50 = years(?)" of the early nineties)  and we've found that the worse the economy = becomes, the busier we become repairing pianos.  Has anyone else found this to = be the case?  </FONT></DIV> <DIV><FONT color=#000000 size=2></FONT>    <FONT = color=#000000 size=2>Thanks for any input.</FONT></DIV> <DIV><FONT color=#000000 size=2></FONT> </DIV> <DIV><FONT color=#000000 size=2>Ted Rohde</FONT></DIV></BLOCKQUOTE></BODY></HTML>