name some companies that were killed due to poor upper management

zephyrprime

Diamond Member
Feb 18, 2001
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tyco, worldcom, qwest, global crossing, metromedia, sone, and a

I wouldn't include 3dfx though. 3dfx management sure made some bad moves in retrospect (like their buying stb & cutting off oems) but I really don't think their management was bad enough to have really done in their company. It was really nvidia that killed 3dfx in my opinion. I just read the article about the demise of 3dfx in another thread and it really sounded like their engineering talent just wasn't adquate compared to nvidia. They could never match nvidia's super fast procuction cycles and even their planned chipsets for 2 generations out from the Voodoo5 had separate geometry and texture chips. They could never have hoped to be price competitive with separate geometry and teturing chips. If 3dfx only had s3, ati & matrox (who were the majors back then) to compete with, they'd still be around today.

And how about Woolworth? It used to dominate retail but went bust only to eventually be replaced by Walmart which is a huge company that fills essentially the same niche that Woolworth did.
 

XMan

Lifer
Oct 9, 1999
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Originally posted by: Red Dawn
The two Oil Companies that GW Bush was President of.

Tom Daschle's . . . oh, that's right, he's never had a job.

Bill Clinton's . . . oh, that's right, he's never had a job.

Dick Gephard's . . . oh, that's right, he's never had a job.

 

Red Dawn

Elite Member
Jun 4, 2001
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Tom Daschle's . . . oh, that's right, he's never had a job.

Bill Clinton's . . . oh, that's right, he's never had a job.

Dick Gephard's . . . oh, that's right, he's never had a job.
And your point being? Don't be upset because GW Bush ran two Oil Companies into the ground. He had to get his experience somewhere to be the President of the USA



 

mithrandir2001

Diamond Member
May 1, 2001
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Originally posted by: rufruf44
EDS ?? Ross Perot's consulting company ???
Yes, his old company. They probably won't go under completely but they're experiencing a cash crunch because of poor management strategies. Stock price is at 12...was in the 70s this summer.

 

rufruf44

Platinum Member
May 8, 2001
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Originally posted by: mithrandir2001
Originally posted by: rufruf44
EDS ?? Ross Perot's consulting company ???
Yes, his old company. They probably won't go under completely but they're experiencing a cash crunch because of poor management strategies. Stock price is at 12...was in the 70s this summer.

Wow, thats sux.... I assume that possible job cut will be underway soon? Got a couple of good friends working for EDS. It'll be very painful to see them being unemployed in today's miserable employment market.