Author: James B. Shearer
Date: 22:57:47 01/15/00
Go up one level in this thread
On January 15, 2000 at 00:40:48, Robert Hyatt wrote:
>On January 14, 2000 at 21:58:40, James B. Shearer wrote:
>
>>On January 14, 2000 at 00:38:58, Peter W. Gillgasch wrote:
>>
>> <snip>
>>>
>>>The guys - and especially FHH - have been absolutely stoic about it. FHH
>>>didn“t even have an angry face... Murray looked a bit helpless :) I have
>>>a hard time to believe that this guy can lose his temper at all !!!
>>
>> Watching IBM's money go down the drain is not the same thing as
>>watching your personal money go down the drain.
>> James B. Shearer
>
>
>I don't think IBM's money went down the drain. They spent less than what it
>cost to produce/air 5 superbowl commercials. They got oh-so-much-more from
>that expenditure than the commercials would have provided.
>
>And no money of Hsu's has gone down the drain yet, except for what it cost
>him to negotiate with IBM for the rights, if that is what you are talking about.
>No idea what that dollar value was, here... But he just doesn't seem like the
>combative type...
This was in reference to the loss in Hong Kong which may have made
IBM a little nervous about its investment. Sure it worked out fine in the end
but I suspect there were some bad moments along the way.
As for Hsu's money, he claimed in his open letter to have "spent a
small personal fortune to get the right to the chess chip". This money seems to
have gone down the drain.
James B. Shearer
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