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Strategies & Market Trends : Wall Street Analysts

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To: Patsy Collins who started this subject	1/14/2002 2:32:55 PM
From: Patsy Collins	Read Replies (1) of 167

For Michael Porter of Harvard Business school to join in the criticism of CSCO in the recent issue of Business Week; is an insult to us all. This man, Porter, made millions on the lecture tour in the 90's and through his management books, on just how "wonderful" companies like Cisco and Enron were. And how they were successful by changing business models to gain a level of competitive advantage. Then he start to eschew Enron and Cisco when these companies fell on hard times. As soon as others have started to do the same. In Business Week, Porter was quoted to say that most of Cisco's earnings in the 1990's are questionable. This is the same idiot that were writing and speaking how well Cisco runs it's businesses throughout the 1990's in his lecture tours and in his Harvard Business school programs. And Porter also praised the firm of Enron in the 1990's for transforming it's businesses. It's amazing the so many Americans get fooled by people like Michael Porter, Wall Street analysts, and politicians like Clinton.

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