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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (5277)7/30/2006 3:31:15 PM
From: Taro  Read Replies (1) | Respond to of 5390
 
You hit it right on I believe.

In Munich they had a bunch of PhDs who wasted everybody's time for years in their incest like development efforts of what became the re invention of the wheel as the time windows slipped - and they always did.
Then those guys were sent in early retirements at 50 or so with the State of Germany paying prime for that.
So next, let the Italians have a shot at it - like the Swiss before them - and just like the Swiss those creative Italians had the solution done and ready in a jiffy.
With the NIH syndrome still at large at upper management in Munich, however, those solutions were all discarded and those creative engineering groups dissed.
Farming it out to the Chinese seemed to be a more trustworthy solution while leaving the rest up to the Nokia merger.
The rest is sad silence.