SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Dan3 who wrote (206468)10/14/2004 10:23:41 AM
From: SilentZ  Respond to of 1574606
 
>Floors need to be mopped and chickens need to be sliced. I'm less worried about the impact of paying $7 per hour to people who perform back breaking labor than I am worried about the impact of making multi-millionaires out of people who badly damage organizations they are entrusted to run and then loot the battered remains.

Geez, Dan, where ya been?

Well said.

-Z



To: Dan3 who wrote (206468)10/14/2004 11:45:17 AM
From: Joe NYC  Respond to of 1574606
 
Dan,

How do you pay $3,340,000 to someone who created no economic value, someone who, instead caused economic damage to their company? What did she and Canion get for buying out DEC and then destroying it? $100,000,000+ between the two of them?

You, in a way, answered my question, which was, how do you stay in business paying $7 for value of $5. The answer is you don't stay in business. DEC and Compaq don't exist any more as independent companies.

Floors need to be mopped and chickens need to be sliced. I'm less worried about the impact of paying $7 per hour to people who perform back breaking labor than I am worried about the impact of making multi-millionaires out of people who badly damage organizations they are entrusted to run and then loot the battered remains.

So you are saying that it is ok to bankrupt a company by overpaying the labor, but it is not ok to bankrupt the company by overpaying the management.

Well, it has a nice class warfare angle to it, but the company is bankrupt nevertheless.

Joe