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Technology Stocks : Data General Corp. "dgn"

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To: Geoffrey who wrote (325)8/15/1999 1:15:00 PM
From: Terry D  Read Replies (1) of 354
 
Agreed.

Skates takes a grand old company with no direction and runs it into the ground. While putting a bunch of workers out on the street (lucky break for them.) Well, my 4 year old could have done that, without the firings. Brownian movement would have been more decisive.

He fails to execute ANY intelligent business plans, completely botches their lead in fiber and SUCKS A TON OF CASH out of the company and into his pocket for his trouble. And in return, in the greatest bull market in history he gets us LESS than January's market price.

Once again, it is corporate policy Soviet Union-style. Hey kids, how about another 5 year plan? Zero personal accountability. In free market capitalism you are not supposed to get paid for augering in - you get fired and lose your Brookline address and country club membership. This guy hits the iceberg, puts it into reverse and hits it again. And cuts up the passengers in the prop wash. Now he is pushing old ladies off the fantail in an attempt to get on the last lifeboat. Funny, funny stuff. All of Wall St must be laughing along (where is Don Young and his 30 dollar break up value?)

If you wrote this garbage, nobody would believe it.

On to the next case.

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