Richard, They also make some pretty fine jet engines. Jerry Richard Knoppow wrote: > ----- Original Message ----- > From: "Eric Goldstein" <egoldste@xxxxxxxxx> > To: <rollei_list@xxxxxxxxxxxxx> > Sent: Wednesday, August 02, 2006 9:26 AM > Subject: [rollei_list] Re: OT Kodak out of Digital? > > >I know your response is meant to be ironic but you've > >basically > > encapsuled the difference between running a Fortune 100 > > company 50 > > years ago and running one today. The concept of a core > > business is > > more important today than is was then. The world has > > turned much > > flatter, markets are much broader, and the internal and > > external > > customer's requirements have changed substantially. So > > viable business > > tactics and production/distribution/marketing strategies > > must > > substantially shange as well... > > > > BTW GE is a well-diversified company with several discrete > > core > > businesses that include internal manufacturing. By most > > traditional > > measures it is the most successful stock in the history of > > the S&P > > 500. > > > > Eric Goldstein > > > I think we mean different things by core business. My > point was that GE is very diversified. Probably the largest > share of its income comes from GE Capital which is pretty > far removed from GE's original business. However, they still > make generators and lightbulbs. > I don't know about running a Fortune 100 company 50 years > ago but I think the whole concept of what a business is has > changed. Companies like GE have become sort of branded > investment services. Their orientation is toward managing > their investor's money rather than making a product. This is > a very critical difference because it changes the emphasis > from the market for products and services to the financial > market. > > --- > Richard Knoppow > Los Angeles, CA, USA > dickburk@xxxxxxxxxxxxx > > --- > Rollei List > > - Post to rollei_list@xxxxxxxxxxxxx > > - Subscribe at rollei_list-request@xxxxxxxxxxxxx with 'subscribe' > in the subject field OR by logging into www.freelists.org > > - Unsubscribe at rollei_list-request@xxxxxxxxxxxxx with > 'unsubscribe' in the subject field OR by logging into www.freelists.org > > - Online, searchable archives are available at > //www.freelists.org/archives/rollei_list > > -- > No virus found in this incoming message. > Checked by AVG Free Edition. > Version: 7.0.394 / Virus Database: 268.10.5/403 - Release Date: 07/28/2006 --- Rollei List - Post to rollei_list@xxxxxxxxxxxxx - Subscribe at rollei_list-request@xxxxxxxxxxxxx with 'subscribe' in the subject field OR by logging into www.freelists.org - Unsubscribe at rollei_list-request@xxxxxxxxxxxxx with 'unsubscribe' in the subject field OR by logging into www.freelists.org - Online, searchable archives are available at //www.freelists.org/archives/rollei_list