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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: russet who wrote (32378)	9/26/2000 10:57:42 PM
From: LindyBill	Read Replies (1) of 54805

RE: "Command and Control" Companies When I left P&G in l960, I did not even consider interviewing with Kodak. I had met some of their sales force, and it was much more regimented than even P&G, IMO. What is happening at Kodak is the same mess as IBM, LU, and other old time companies that have got these centralized "C&C" systems. They just can't react to the times. Those of you who have worked for tech startups and other small firms would not believe you eyes if you spent some time touring the back rooms of these places. You would feel like you were at an Army base, or in Washington, at a central office of one of the Alphabet agencies back there. The "creative destruction" pressure of Capitalism either puts them out of business, or they have the luck to get someone in who will spin off the parts that are working. Corning seems to have done this, from what little I have been able to see. However, the Palm spin off is not producing the numbers that were expected, from what I see so far. I would not put a dime in the ATT wireless spinoff. In sum, the Kodak debacle today was exactly what most of us were expecting, I think.

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