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Subject: Re: Another joint venture doomed to fail

Author: Robert Hyatt

Date: 14:21:41 01/10/03

Go up one level in this thread


On January 09, 2003 at 07:35:41, Mark Schreiber wrote:

>On January 08, 2003 at 20:23:18, Terry McCracken wrote:
>
>>On January 08, 2003 at 19:56:58, Michael Vox wrote:
>>
>>>Strangley, by the end of the day, both of the stocks had declined.  Meaning that
>>>potential investors do not foresee earning potential in the deal :(
>>
>>People can be dumb, can't they?
>>
>>I think it will be something to watch. I'm watching:o)
>>
>>Terry
>
>That’s because people have learned from history. IBM partners with other
>companies because they can not develop high technology on its own. IBM supplies
>the money; the other company does the work. They have tried this before. It
>always fails miserably. They tried it with Siemens to make phone systems. With
>Apple and HP to get a GUI OS. Motorola for CPU’s. Toshiba for memory chips.
>Don’t expect any high technology products to come from this.
>Mark


IBM can't "develop high technology on its own"???

:)

History sure doesn't support that...



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