If you could fix the "world record problem"

Jeff's avatar
Here's what I don't get about that whole investment scene. PKS doesn't run the chain as individual business units (like Cedar Fair), so they take a more holistic approach to the chain. In doing so, I wonder how they intend to maintain long-term attendance and in-park spending without new attractions.

There's also a debt bubble there. Sure, the parks are profitable, but you can't keep borrowing money. There comes a point where you can't keep up with interest. When the bubble reaches the bursting point, you can't borrow more, which means no more capital improvement.

I wish them the best, but it seems like a serious risk. If the economy takes a turn for the worse, how will they pay back the cash.

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Jeff
Webmaster/Guide to The Point
Millennium Force laps: 50
They'll simply stop building, all together. The way they look at it, most of their higher market parks will be already heavily stocked with coasters. While the rest of the industry catches up, the'll make very small investments here and there. But it's the smaller parks that will suffer(as they already are), SFMM will never want for very much.


*** This post was edited by Judge Roy Scream on 1/4/2001. *** *** This post was edited by Judge Roy Scream on 1/4/2001. ***

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