View Full Version : Big Business
chumbucket
04-26-2007, 12:25 AM
>:(I'm not so sure this is a good thing. :P
http://www.jarden.com/phoenix.zhtml?c=72395&p=irol-newsArticle&ID=989982&highlight=
http://investing.reuters.co.uk/news/articleinvesting.aspx?type=consumerProducts&storyI D=2007-04-10T170346Z_01_BNG238583_RTRIDST_0_SP_PAGE_016-BNG238583-OISCP.XML
chumbucket
04-26-2007, 12:25 AM
>:(I'm not so sure this is a good thing. :P
http://www.jarden.com/phoenix.zhtml?c=72395&p=irol-newsArticle&ID=989982&highlight=
http://investing.reuters.co.uk/news/articleinvesting.aspx?type=consumerProducts&storyI D=2007-04-10T170346Z_01_BNG238583_RTRIDST_0_SP_PAGE_016-BNG238583-OISCP.XML
charlie_the_tuna
04-26-2007, 01:34 AM
GUH ?
charlie_the_tuna
04-26-2007, 01:34 AM
GUH ?
macojoe
04-26-2007, 03:23 AM
We shall see?? Sure to cut back on something?
macojoe
04-26-2007, 03:23 AM
We shall see?? Sure to cut back on something?
parishht
04-26-2007, 09:37 AM
I don't see why that is such a bad thing, except that some of the brands may be discontinued.
But before the dicontinuation, the technologies will be melded into existing products. i.e. Shakespear or Penn reels with Abu Garcia guts.
The worst that could happen is that prices will go up.
parishht
04-26-2007, 09:37 AM
I don't see why that is such a bad thing, except that some of the brands may be discontinued.
But before the dicontinuation, the technologies will be melded into existing products. i.e. Shakespear or Penn reels with Abu Garcia guts.
The worst that could happen is that prices will go up.
chumbucket
04-26-2007, 09:46 AM
I like to have choices and this means there will be fewer (most likely). I also don't like to see the products becoming "homogenized" by fusing various brands together. Freedom of choice is what fair competition is all about. The FTC will surely get involved on this one. >:(
chumbucket
04-26-2007, 09:46 AM
I like to have choices and this means there will be fewer (most likely). I also don't like to see the products becoming "homogenized" by fusing various brands together. Freedom of choice is what fair competition is all about. The FTC will surely get involved on this one. >:(
parishht
04-26-2007, 09:53 AM
The FTC, who's that, I thought they would get involved on some other questionable
mergers, but alas, nowhere to be found.
My personal feeling is you can lump FTC right in with FDA.
parishht
04-26-2007, 09:53 AM
The FTC, who's that, I thought they would get involved on some other questionable
mergers, but alas, nowhere to be found.
My personal feeling is you can lump FTC right in with FDA.
chumbucket
04-26-2007, 09:57 AM
You're probably right, but it seems both agencies get involved when you don't want them to and conversely absent when they should be involved. ??? ::)
We'll see. they got invovled with the P&G buyout of Gillette (which included Braun, OralB, Duracell, and various other Gillette holdings)
chumbucket
04-26-2007, 09:57 AM
You're probably right, but it seems both agencies get involved when you don't want them to and conversely absent when they should be involved. ??? ::)
We'll see. they got invovled with the P&G buyout of Gillette (which included Braun, OralB, Duracell, and various other Gillette holdings)
parishht
04-26-2007, 10:22 AM
You are absolutely correct, Chum. ;)
parishht
04-26-2007, 10:22 AM
You are absolutely correct, Chum. ;)
reelapeelin
04-26-2007, 03:20 PM
Here's the reason it's a bad thing...CEOs of publicly-held companies that size are interested in only ONE THING...and that's the price of their stock...that is driven largely by quarterly earnings and profits...a company that size has a whole department of BEAN COUNTERS who report to the head BEAN COUNTER...he reports to the CEO...and he reports to the Board...it's a brown-nosin' operation all the way to the top...and the best way to do that is to show off how you've cut costs and added to the bottom-line...
BEAN COUNTERS have NO marketing/sales sense or ability...no sense of "making it better, so we can sell more"...all they can do is cut what they have in front of them..."make it cheaper so we can profit more from it"...
I'll step down and let someone else have it for a while...gotta go let my blood stop boilin' for a minute or so... >:( ...
reelapeelin
04-26-2007, 03:20 PM
Here's the reason it's a bad thing...CEOs of publicly-held companies that size are interested in only ONE THING...and that's the price of their stock...that is driven largely by quarterly earnings and profits...a company that size has a whole department of BEAN COUNTERS who report to the head BEAN COUNTER...he reports to the CEO...and he reports to the Board...it's a brown-nosin' operation all the way to the top...and the best way to do that is to show off how you've cut costs and added to the bottom-line...
BEAN COUNTERS have NO marketing/sales sense or ability...no sense of "making it better, so we can sell more"...all they can do is cut what they have in front of them..."make it cheaper so we can profit more from it"...
I'll step down and let someone else have it for a while...gotta go let my blood stop boilin' for a minute or so... >:( ...
parishht
04-26-2007, 06:34 PM
Just my little rant,
engineers used to run our company, bean counters take
over, now where in chapter 11,
go figure.
parishht
04-26-2007, 06:34 PM
Just my little rant,
engineers used to run our company, bean counters take
over, now where in chapter 11,
go figure.
bradford
04-28-2007, 02:26 AM
Reel, I feel ya brotha!
bradford
04-28-2007, 02:26 AM
Reel, I feel ya brotha!
reelapeelin
04-30-2007, 09:57 AM
Reel, I feel ya brotha!
Don't worry 'bout me ;)...all of us get the short end of the stick when bean-counters are put in charge...this is TRUE: when machine guns were first brought to the battle-field, the Gov't bean-squeezers rejected them because at the rate of fire the cost of ammunition would increase substantially ... :o ...
reelapeelin
04-30-2007, 09:57 AM
Reel, I feel ya brotha!
Don't worry 'bout me ;)...all of us get the short end of the stick when bean-counters are put in charge...this is TRUE: when machine guns were first brought to the battle-field, the Gov't bean-squeezers rejected them because at the rate of fire the cost of ammunition would increase substantially ... :o ...
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