[rollei_list] Re: OT Kodak out of Digital?

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
>
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