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[sharechat] Organic growth ???


From: "Tony Haddon" <haddon@ihug.co.nz>
Date: Wed, 24 May 2000 21:38:02 +1200


Could someone out there with nothing better to do please explain to me the meaning of "organic" in the following context:
 
"At the Warehouse's annual meeting last November, the company said it planned substantial organic growth over the next three years"
 
I copped a gentle accusation of being a thicko from one of our economists last time I posted a question ( the meaning of commoditisation I recall )...let's see what happens this time ! ( as a momentum trader I don't need to understand these things, but I do get curious)
 
Regards
 
Tony Haddon

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