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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: gpowell who wrote (23665)7/19/2000 8:01:43 PM
From: ahhaha  Read Replies (1) | Respond to of 29970
 
You say, "A company defines itself", then you say "whether they know it or not", and you make the assumption that "company" and "they" designate the same thing. They don't.

Further, customers don't define a company. This is stylish and is oriented around the grievously faulted notion that you should give your customers what they want. That's what MSFT did. They tried to give their customers what they wanted and they ended up with bloat. This also implies that you don't try to satisfy needs. That leads to the same mistaken decisions. Doesn't it sound wrong to not do this?

The mistakes about corporations and capitalism come from the degenerate universities and their complete failure to understand how it works. Of course, why should they know? They spent most of the 20th century instructing how capitalism must fail, so how could they be expected to know anything about it?

There is one individual who defines a company. It's the CEO. ATHM has never had a CEO. The CEO decides what is to be provided and those under the CEO execute. Assume that doesn't work. The CEO has to come up with a new product or plan. The CEO uses the resources of the company, in particular, the product design division, to engineer something new and marketing cooks up another sales campaign.

None of this occurs at ATHM except at the tactical level. Bell was acting like a CEO while explaining the new initiative to Herrera today, but you can tell that it was designed elsewhere. That's ATHM's CEOs. They're actors and they were put there by the producers. It seems at this point Franz is right about two old crocks cooking up a scheme in a smoke filled room.