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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (87254)	12/19/2000 10:33:29 PM
From: Ahda	Read Replies (1) \| Respond to of 132070

They are assets if you were shrewd enough to keep your debt load from going to high. Problem is B2B stocks are tied into web commerce thought process and they aren't web retail but an intelligent way to transport information between client and company and cost breakdown to companies in bid process. The company my son is with runs many of their transactions on IT and web base . They are fine but, they number one aren't public, number two aren't high fliers and number three they and their associates will survive the recession. Oh, so nice to see your smiling face here.

To: Hawkmoon who wrote (87254)	12/19/2000 10:44:07 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

>>So what you're telling me is that all of these major corporations are buying IT systems that do nothing for their efficiency or productivity?<< ron, i solve problems as a large part of my job (and it is amazing to me how many basic problems exist after many years of "professional" management). data leads me to conclusions. if i alter a process, all else being equal (this is a hypothetical), and productivity increases 2%, i can't very well claim that it increased 10% b/c i THOUGHT it should before the test, can i? conclusions do not lead me to changed data (that is unethical). i've seen some people do this and i don't respect it. in this case, the data speaks for itself. what it says (not me), is that unemployment is dropping and economic gdp is growing at about 2-3%. interpret it any way you want. >>They are going into debt to buy systems that only result in reduced earnings and revenue?<< ron, you are getting extreme and no longer thinking this through clearly. nobody said anything about reduced earnings and revenue. btw, keep in mind that earnings are not factored into gdp, revenue is. >>And please don't refer to the dot.com mania. We knew the internutz were a speculative bubble.<< "we" know now. few knew when they were paying $35 billion for amazon.con. btw, at some point in the future, folks will also know that govt numbers have been used to manipulate certain behaviors and reduce govt pay outs. >>I'm talking about B2B and global integrated supply management exchanges. I'm talking about SCADA systems that drive automated manufacturing systems. I'm talking about JIT inventory management.<< so, btc mania has spilled over into different buzzwords. i work in electronics manufacturing and i can tell you that there is incredible room for improvement in many areas. the flip side of this is that mfg companies aren't that good, on avg. decisions are typically made based on the impact to a dept rather than the company. decisions are made b/c someone "knows" something w/o any supporting data or evidence. decisions are made b/c somebody doesn't want to do what they deem extra work. upper management types typically desires simple answers to complex questions and shy away from the complex - only guaranteeing that they will not be aware when they are spoon fed crap (happens a lot). your statement reminds me of a guy that argued financial disaster at a company didn't matter b/c the technology was cool and unique. ponder that argument. invest b/c we have cool technology that won't support financial growth. i'd argue if it didn't support financial success then it wasn't cool - by definition. >>Are these expenses or assets?<< and this is related how? btw, becoming more efficient (reduce cost, all else being equal = more profit) is different than an increase in productivity (more revenue per hour worked). this is an important point and one should not get confused on it.