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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (468079)	4/1/2009 9:18:05 PM
From: i-node	Respond to of 1578019

Yes. You precisely understood what I thought I said, but obviously, did a better job of making the point.

To: Joe NYC who wrote (468079)	4/1/2009 11:39:24 PM
From: tejek	Respond to of 1578019

First, he does not approve the management practice of short term profitability at expense of long term pain. Second, you misunderstood what he meant by short term profitability. It means giving to the union, rather taking a strike. A strike will destroy quarterly financials, but a better deal (or no deal) with strikers will improve long term viability of the company. The management took one short term profit after another (meaning they gave in to the outrageous demands of UAW again and again) and every single one of those contracts of capitulation to UAW turned out to be another nail in the coffins of the car makers. In other words, mgmt was weak and incompetent. Thanks for making my point.