To: Tony Viola who wrote (61118 ) 7/25/1998 8:19:00 AM From: Mary Cluney Read Replies (1) | Respond to of 186894
Tony, >>>ninth time never fails, right. Ol' #9, Ted Williams...sounds like a good number to make it on. <<< Please don't jinx the (Phil) SOXX with Bosox analogies. Bosox will snap defeat out of the jowls of victory. Remember Buckner? WRT Intel - let the fundamentals speak for itself - or let Thomas Friedman do it:search.nytimes.com ite+iib-site+101+0+wAAA+friedman >>>July 25, 1998 FOREIGN AFFAIRS / By THOMAS L. FRIEDMAN Two Sick Nations, One Cure Here's Saturday's news quiz: 1. Is there really any difference between Boris Yeltsin and Suharto or between Russia and Indonesia? 2. Isn't the real reason that the I.M.F. is giving Russia $17 billion and Indonesia only fish bait simply the fact that Russia has 20,000 nuclear weapons still pointed at the West, while Indonesia is only capable of shooting itself in the foot? Let's answer these one by one. First, Indonesia and Russia are suffering from the same general disease -- microchip deficiency disease. It is no accident that the Soviet Union, General Motors, I.B.M. and centrally directed Asian capitalism all were forced to restructure in the same decade. They could not deal with the new dynamic created by the microchip and the personal computer -- which made dispersed systems of business, production, information gathering and governance much more efficient than centrally commanded ones. As Deputy Treasury Secretary Lawrence Summers likes to put it: "Communism, planning ministries and corporate conglomerates all ran into great difficulties in the same era because with the P.C. and the microchip it became much more efficient to empower individuals, who could get more information and make more decisions themselves, rather than having a single person at the top trying to direct everything." Companies and countries that did not empower individuals that way ended up with a lot of obsolete people, which breeds counterproductivity, misallocated resources and ultimately stagnation. <<< Is Tom Kurlak going to tell us there is no growth left in the microchip industry? "What is good for the microchip industry is good for Intel" - Mary Cluney