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Larry wrote:
> I duuno ... don't see any signs that IBM is losing significant market
> share. Look at other examples in various industries ... for many
> products, there are usually at least 2 or 3 or 4 main survivors who end
> up there for the long-term. You don't even have to be the market share
> leader ... just have a significant presence. Hertz/Avis,
> American/United/Delta, Krups/Braun/Cuisinart, pick your example.
Man, you know how to pick some bad examples. Hertz/Avis bought by auto
manufacturers to dump unwanted cars, declining market share due to
Enterprise et al,
http://www.findarticles.com/p/articles/mi_km3609/is_200301/ai_n8624267
in as bad shape as airlines. American/United/Delta - do you not read
the papers? "These days no one can make money on the goddamn airline
business. The economics represent sheer hell." - C. R. Smith,
President of American Airlines. "A recession is when you have to
tighten your belt; depression is when you have no belt to tighten. When
you've lost your trousers - you're in the airline business." - Sir
Adam Thomson "This is a nasty, rotten business." - Robert L.
Crandall, CEO & President of American Airlines. "Today, the situation
is exacerbated with costs exceeding revenues at four times the
pre-September 11 rate. Today, we are literally hemorrhaging money.
Clearly this bleeding has to be stopped - and soon - or United will
perish sometime next year." - James Goodwin, chairman and CEO of
United's parent company UAL. The unions of the (at the time) employee
owned company forced his replacement. 17 October, 2001 "I didn't take
this job to preside over a bankruptcy. I refuse to accept that United
Airlines is collateral damage from Sept. 11." - Jack Creighton, new
chairman and CEO of UAL Corporation, 28 October 2001. UAL entered
bankruptcy on 9 December 2002. "You fucking academic eggheads! You
don't know shit. You can't deregulate this industry. You're going to
wreck it. You don't know a goddamn thing!" - Robert L. Crandall, CEO
American Airlines, addressing a Senate lawyer prior to airline
deregulation, 1977. "Deregulation will be the greatest thing to happen
to the airlines since the jet engine." - Richard Ferris, CEO United
Airlines, 1976. "If we went into the funeral business, people would
stop dying." - Martin R. Shugrue, Vice-chairman Pan Am. "I can't
imagine a set of circumstances that would produce Chapter 11 for
Eastern." - Frank Lorenzo "As a businessman, Frank Lorenzo gives
capitalism a bad name." - William F. Buckley "If you would look up
bad labor relations in the dictionary, you would have an American
Airlines logo beside it." - U.S. District Judge Joe Kendall, issuing
a restraining order against an American Airlines APA pilot union sick
out, 10 Feb 1999. http://msnbc.msn.com/id/8703311/ Delta about to
croak... Don't know anything about the Germans besides
http://www.gutenberg.org/dirs/1/1/6/6/11662/11662-h/11662-h.htm#17 and
Braun makes a lot of money with shaver cleaning device refills.
jg
-- @home.com is bogus. http://www.damtp.cam.ac.uk/user/jono/negative-information.htmlReceived on Mon Aug 08 2005 - 18:17:32 CDT
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