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Non-Tech : FTL- Fruit of the Loom
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To: Arthur Tang who wrote (137)8/21/2001 12:05:58 PM
From: Clement  Read Replies (1) of 161
 
Arthur:

The biggest irony of it all, is that you with your age know even less than what I do in my youth of management. Your theories are undeveloped and unoriginal.

> Better learn management before you write here.
Why has this not stopped you?

> FTL has been liquidating under bankruptcy, the management
> has not begun to rebuild the company yet. They have to
> hide under bankruptcy longer to rebuild as long as they
> have cash.

Actually if you had bothered to analyze the prior financials you would realize that they have curtailed losses considerably through operational changes and they could reach profitability by doing the same.

> Trying to advertise a brand name without new products is
> futile.

Says who? A brand name still must be maintained or else it erodes in value. They must maintain this value while also bringing down operational costs and with a change in capital structure they could be profitable.

In any event, the best you were able to suggest was to sell bikini underwear for males and females to cover its operating short fall? That is one of the stupidest statements I have heard -- from both a managerial and common sense perspective.

You sir are a complete joke. You are completely wrong with respect to Dell's strategy, and were wrong in buying Ames. The consultants I know and respect are at least moderately if not highly successful -- of which you are quite obviously are neither. It must be tough for you to be publicly exposed and humiliated for the idiocy of your ideas.

Clement
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