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Article #620193

Re: Important US technology companies sold to foreigners (was: Xerox company sold)

#620193
From: J. Clarke
Date: Sun, 04 Feb 2018 02:45
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On 4 Feb 2018 02:29:24 GMT, Charlie Gibbs <cgibbs@kltpzyxm.invalid>
wrote:

>On 2018-02-03, hanc...@bbs.cpcn.com <hanc...@bbs.cpcn.com> wrote:
>
>> AT&T also wrongly predicted that Western Electric would continue to
>> be profitable.  It knew at the time [Alvin Von Auw] that customer
>> ownership of sets and wiring was no long cost-effective.  However,
>> it probably could not have predicted that W/E's business model of
>> building equipment strong enough to withstand a nuke attack was no
>> longer working, and consumers wanted cheap equipment, even if it
>> meant frequent replacement.  That is, consumers would rather have
>> a cheap crappy $10 phone replaced every year than a solid durable
>> $40 phone lasting for 40 years.
>
>'zackly.  The Economy depends on consumers being stupid.

Funny thing, all my cheap crappy 10 buck phones still worked the last
time I had a phone line to connect them to.  But I don't feel any need
for such any longer.
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From: J. Clarke <jclarke...@gmail.com>
Newsgroups: alt.folklore.computers
Subject: Re: Important US technology companies sold to foreigners (was: Xerox company sold)
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