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.
Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?


To: RJC2006 who wrote (1156)4/30/1999 12:51:00 PM
From: muleskinner  Read Replies (1) | Respond to of 1206
 
If you were in business for your self, wouldnt you do the same???
Im not defending Gates, for I think he has accumulated enough wealth, but maybe he is just a good businessman??? Im pissed that he dosent spread a little of it around where it might do some good, besides his damn house where the stereo dosent work...Its about time he put something back into the system, and the only thing he has to put back is money... As far as zap goes, Im still holding a few shares, and waiting for a spike, so I can unload....this has been my worse buy, in a long time----besides, sunbeam, another a--hole company. Im not holding my breath for either company----mule



To: RJC2006 who wrote (1156)5/4/1999 12:13:00 AM
From: J.Y. Wang  Read Replies (1) | Respond to of 1206
 
The geeks rule the world now.

An internet portal has no synergies with a fish meal company. There is no overlap in the businesses. Even if ZAP is the best fish meal company on earth, the management has no advantage in going into the portal business. The Korean economy was trashed because the chaebols would do everything from building ships to building VCRs to building RAM chips. It was/is highly inefficient. That's conventional business wisdom.

I guess the best analogy I can give is in the field of sports. Michael Jordan is the greatest basketball player ever but he was not even good enough to make benchwarmer in professional baseball. Why? Because the skill sets required are different and *the competition is very tough and highly specialized* in every professional sport. The competition is very tough and highly specialized in every business sector.

What would people say if an offensive lineman from the NFL decided to try out for center field in professional baseball, or vice-versa? People would laugh. Likewise with ZAP and the internet.