Tom Siebel, founder of Siebel Systems (now owned by Cisco Systems (CSCO)), tells the BBC that Silicon Valley’s days as the epicenter of innovation are behind it. (via) [View news story]
Which companies do you like in Silicon Valley and are they hiring project finance professionals?
On Dec 06 03:11 AM Techs next big thing wrote:
> Solar is Silicon Valley's "next big thing," just like the internet > was in 1995. The valley is always searching for the next big market, > and they have solar in their clutches. Having worked in tech for > 15 years, I can tell you, when techies get a hold of something they > like, they will not give it up. they will work all day and night > to get it done--even if profitability takes years. No question about > it. > > Intel, AMAT, IBM, HPQ, Cypress Semi, and just about everyone in Silicon > Valley have been investing heavily in developing the solar industry > as their next big thing, and the investment is accelerating since > 2003. > greenwombat.blogs.fort.../
> > > The credit crunch will not stop this. > > Silicon valley is looking at solar, wind and other alt's as a way > to take over 2 gigantic markets; oil and cars. These 2 major economic > markets are the prize and now that the tech pit bulls have their > teeth in these markets, they will never give it up. This is the same > attitude we witnessed with Apple Computer developing the PC and taking > IBM's market share and developing an entirly new industry. Jobs is > the type of person that exists there in hundreds of thousands of > engineers. > > I have lived through it and this attitude prevails today as ever. > Wait and see, solar and alternatives will not be stopped by big oil, > credit crunch or anything. They will have the prize of big oil's > market and the car market too. Mark my words.
Do the Automakers Deserve a Bail Out? [View article]
This whole episode is sad and painful but necessary. We have three US car companies that have made bad decisions and have horrible UAW contracts but have manipulated by politics with the CAFE standards.
We all know that a smaller version of these companies needs to survive but it will need to be done in a manner that will provide the best result. I would recommend a Chapter 11 with a government appointed receiver that would also provide financing to help these companies houses in order.
Mgt - Removed, clearly they have not made the best decisions
Unions - live with less restricionts and fewer workers. this is capitalism not socialism. The remaining workers should get a fair shake and the workers that are departing need a good way to get back into new jobs too.
No easy answers here but capitalism requires that you succeed or fail. We have to admit there is a problem and it needs to be fixed and innocent people will suffer. There is no getting around it. It happens in all American businesses.
We cannot keep throwing money at these companies with the same leadership teams and expect a positive result.
On Nov 12 11:34 PM John Cash wrote:
> This is a bad union contract bailout. Yes these companies should > be allowed to declare insolvency. They are backward and corrupt, > especially GM, where suppliers pay huge sums to bribe their way in. > Ford stopped listening to its customers long ago. I never understood > why. If they reorganize, they can reduce their contract obligations. > If they fail, we can get along fine with the other car companies > that manufacture in the US. They are mostly in non-union states and > operate profitably. These other companies do not build riduculous > vehicles like a hybrid Yukon that still have poor mileage. We will > be back here in one year bailing out these loosers again.
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Latest | Highest ratedTom Siebel, founder of Siebel Systems (now owned by Cisco Systems (CSCO)), tells the BBC that Silicon Valley’s days as the epicenter of innovation are behind it. (via) [View news story]
Will Palm Roll Out the Pre the Day Before Apple's WWDC Keynote? [View article]
On Apr 29 09:52 AM winindthedust wrote:
> Apple shares beyond $200 by January 2009. A minimum $150 by June
> WWDC.
What Will Make Solar ETFs Shine? [View article]
On Dec 06 03:11 AM Techs next big thing wrote:
> Solar is Silicon Valley's "next big thing," just like the internet
> was in 1995. The valley is always searching for the next big market,
> and they have solar in their clutches. Having worked in tech for
> 15 years, I can tell you, when techies get a hold of something they
> like, they will not give it up. they will work all day and night
> to get it done--even if profitability takes years. No question about
> it.
>
> Intel, AMAT, IBM, HPQ, Cypress Semi, and just about everyone in Silicon
> Valley have been investing heavily in developing the solar industry
> as their next big thing, and the investment is accelerating since
> 2003.
> greenwombat.blogs.fort.../
>
>
> The credit crunch will not stop this.
>
> Silicon valley is looking at solar, wind and other alt's as a way
> to take over 2 gigantic markets; oil and cars. These 2 major economic
> markets are the prize and now that the tech pit bulls have their
> teeth in these markets, they will never give it up. This is the same
> attitude we witnessed with Apple Computer developing the PC and taking
> IBM's market share and developing an entirly new industry. Jobs is
> the type of person that exists there in hundreds of thousands of
> engineers.
>
> I have lived through it and this attitude prevails today as ever.
> Wait and see, solar and alternatives will not be stopped by big oil,
> credit crunch or anything. They will have the prize of big oil's
> market and the car market too. Mark my words.
Do the Automakers Deserve a Bail Out? [View article]
We all know that a smaller version of these companies needs to survive but it will need to be done in a manner that will provide the best result. I would recommend a Chapter 11 with a government appointed receiver
that would also provide financing to help these companies houses in order.
Mgt - Removed, clearly they have not made the best decisions
Unions - live with less restricionts and fewer workers. this is capitalism not socialism. The remaining workers should get a fair shake and the workers that are departing need a good way to get back into new jobs too.
No easy answers here but capitalism requires that you succeed or fail.
We have to admit there is a problem and it needs to be fixed and innocent people will suffer. There is no getting around it. It happens in all American businesses.
We cannot keep throwing money at these companies with the same leadership teams and expect a positive result.
On Nov 12 11:34 PM John Cash wrote:
> This is a bad union contract bailout. Yes these companies should
> be allowed to declare insolvency. They are backward and corrupt,
> especially GM, where suppliers pay huge sums to bribe their way in.
> Ford stopped listening to its customers long ago. I never understood
> why. If they reorganize, they can reduce their contract obligations.
> If they fail, we can get along fine with the other car companies
> that manufacture in the US. They are mostly in non-union states and
> operate profitably. These other companies do not build riduculous
> vehicles like a hybrid Yukon that still have poor mileage. We will
> be back here in one year bailing out these loosers again.