Hey Paul, the giant is awake, I love your very through explanation. Every thing you have said is accurate and real in the business of business.
As a native of the Detroit automotive world I have watched and participated in everything you describe for almost 50 yrs. I was weaned with the cults of GM, IBM, Chrysler and the insipid influence they had on the educational culture of the Schools of Business at U of M, U of D, and a bit on Mich. State. William Whyte wrote a book the"Organizational Man" in the late 1950 describing cultures like Novell's.
With minimal modesty I recall posting when Eric S. came aboard that he would not make it because he arrived alone, what ever the reasons were that we didnt know at the time. And I gave the examples of of Bunky Knudsen leaving GM for the Presidency of Ford, he came alone and was eaten up and gone in a short time. John Skulley left Pepsi Cola with a few hundred million in his pocket and thought he could improve APPLE, by himself! He too was out on his ass in a very short time!
So, Paul, thank you for the invigorating explanation, it has given me pause to have a bit of investor patience, I hope? My only regret is that I didnt sell all my holdings at 44+, and like a fool bought back in as as the baby was being tossed out the window with all the technical mish mash! Oh Yea, and as I approach 73 this summer I dont have the attitude to think "long term investor" (ggggg) anymore(g) Regards to all my stout hardy Novell stockholders, especially Scott Lemon who probably single handed is keeping the fabric of Novell from becoming unglued! Waldy |
