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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 249.89+3.1%Nov 26 3:59 PM EST

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To: etchmeister who wrote (24786)12/16/2010 9:35:39 AM
From: Sun Tzu  Read Replies (1) of 25522
 
This is part and parcel of all businesses. Everybody does it and everybody complains about the other guy doing it.

A case in point was succinctly stated in a business book I recently read by a CEO of (now a large) envelop company. He said, I worked in shop long enough to learn the selling and business part of the job, but I had no idea how to setup my own manufacturing plant. So when I bought an old junkyard of a factory with every scrap penny I had saved, I looked at the competitive landscape and found a consulting firm that had been to 25 of my top competitors. I hired him to advise me how to set up my plant to be competitive with the other guys.

Do you think AMAT just hires its top people at random or they are all internally promoted?
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