|[News] AmiWest transcripts online||ANN.lu|
|Posted on 07-Aug-2002 21:48 GMT by Seehund||22 comments|
You didn't listen to the live UGN broadcasts from AmiWest? You didn't download the recorded speeches and interviews? Well, here is a (moderately) low bandwidth consuming opportunity to catch up with what people are fighting over today!
I have sweated over the telephone interview with Thomas Frieden (Hyperion) and the speeches by and the interview with Bill McEwen (Amiga, Inc.).|
Come, be amused and nauseous, scared and excited, it's all on the house. Be baffled by the mystery of the vanishing hardware, see the Mighty MacE pull new hardware licensees out of his hat and get a naughty sneak peek of The Sexy Future Of Mating Fridges (all with Amiga(TM) stickers). Pick a future Fanatic Faction already today - is Symbian or WindowsCE.net the True Amiga?
|List of all comments to this article|
|Sorted by date, most recent at bottom|
|Comment 1||cOrpse||07-Aug-2002 19:51 GMT|
|Comment 2||Nakkel||07-Aug-2002 19:58 GMT|
|Comment 3||takemehomegrandma||07-Aug-2002 20:10 GMT|
|Comment 4||takemehomegrandma||07-Aug-2002 21:31 GMT|
|Comment 5||Douglas McLaughlin||07-Aug-2002 21:57 GMT|
|Comment 6||Troels Ersking||07-Aug-2002 22:06 GMT|
|Comment 7||Seehund||07-Aug-2002 22:33 GMT|
|Comment 8||Douglas McLaughlin||07-Aug-2002 22:39 GMT|
|Comment 9||Darrin||08-Aug-2002 00:17 GMT|
|Comment 10||Johan "Graak" Forsberg||08-Aug-2002 01:48 GMT|
|Comment 11||George Wyche||08-Aug-2002 01:48 GMT|
|Comment 12||cheesegrate||08-Aug-2002 02:51 GMT|
|Comment 13||Joe "Floid" Kanowitz||08-Aug-2002 03:52 GMT|
|AmiWest transcripts online : Comment 14 of 22||ANN.lu|
|Posted by Anonymous on 08-Aug-2002 04:35 GMT|
|There's a great piece where Bill McEwen can't understand how a company that is in the black and profitable would need outside investment. That should be a healthy reminder to us that Bill knows nothing about the history of our industry.|
Several very famous computer companies were once in exactly the situation he describes. I'll give the example of Acorn here, who are these days mostly associated with ARM, but were once a brand new start up making hobbyist computers.
Acorn had some great people, some great ideas and a bank loan. They bought hardware for a certain amount of money, made computers, and sold them for a bunch more money. These things were flying off the shelves - it turns out that people wanted to buy computers. A lot of people.
So at the beginning of each month money from last month's sales was pouring into their bank account and Acorn had to make a choice. How much should they spend on making next month's computers ?
Spend the same as last month and let the savings build up? Spend the money coming in - Expand slowly and gradually carve out a niche?
Bill would have lost Acorn a lot of money and probably made sure that they got eaten alive by their competitors. What Acorn actually did was to borrow as much as possible and expand as quickly as possible. As strange as it sounds if your company is genuinely profitable it makes sense to *borrow* money and seek outside *investment* in order to make even more profit.
This doesn't apply to huge, mature companies like industrials, because they can't expand quickly so they don't need the money. It also doesn't apply to a few insane cases like supermarkets and Microsoft, which generate so much CASH that it's often impossible for them to spend it, let alone borrow more.
|List of all comments to this article (continued)||