Linked by Thom Holwerda on Sun 20th Mar 2011 20:20 UTC
PDAs, Cellphones, Wireless A major deal just went down in the United States, which seriously shakes up the mobile industry on the other side of the pond: AT&T has announced it plans to buy T-Mobile USA from Deutsche Telekom.
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RE[7]: Invisible hand
by ricegf on Tue 22nd Mar 2011 11:00 UTC in reply to "RE[6]: Invisible hand"
Member since:

+1... except, when you want to sell your stock, you have a really limited pool of investors as customers. That will tend to greatly depress stock prices, and like most parasites (ahem) I'm very fond of stock that I can sell at a profit. It will also make mutual funds extremely inconvenient if not impossible to create and manage. Well, I'm down to +1/2 and still thinking... :-)

And I don't think it would solve the problem. As with stock ownership programs today, the lion's share will go to the executive suites, so the line and professional workers will still have limited proxies by which to direct the company.

You could argue that's a feature, by the way - you'd like to think the executive suite has a better long-range business vision than a brilliant technical guy like myself (ahem), although the past 3 years haven't exactly provided good supporting evidence. :-D

But it's a thought-provoking idea. It'll probably take me a few months to think through even the more obvious implications. Reality is so annoyingly complex...

Reply Parent Score: 2

RE[8]: Invisible hand
by Neolander on Tue 22nd Mar 2011 11:38 in reply to "RE[7]: Invisible hand"
Neolander Member since:

Well, I'm too young to have known the time where executives were chosen among engineers and put in front of the job with a bit of doc to read in order to understand it (metaphorically, I mean). But I can't figure out why this has fell out of fashion.

You're right that if executives have a much bigger share than average employees, what I was talking about won't work.

Reply Parent Score: 1