> I believe there's probably quite a few people who have worked for > so-called > wholly-owned subsidiaries...I know I have in the past...and taken out of > the > context of the conversation "nothing" probably IS too strong a word to > use, > but not in this case methinks! You have to look at the past actions of > ...
You are correct in that a subsidary can be a puppet company, but one huge change does take place. Accounting is done seperately. CodeGear and how they do will now be seperated from the rest of Borland. This will allow shareholders and everyone else to see how CodeGear is actually doing... how viable it is. They should have done this up front and then looked for a buyer, but in typical corporate management thought there revenue from this division would get some people really interested. Personally, I think CodeGear will be left alone to focus on the language market. Not because Borland can't interfere (they still can quite easily), but because I don't think they have focus on that market space any more or more to the point just don't care. The person they hire to run CodeGear will most likely have a set of numbers to meet quarterly and that will cause him/her to start managing CodeGear better. I certainly wouldn't want to be the guy/gal that has to turn it around, but you can bet that Borland management will put the screws to someone to get revenue up in that subsiderary. Also, don't be surprised if somewhere down the road they spin it off into a completely different company. If they get the revenues up by moving into other platforms, they only need one big hit and IPO-a-go-go. If it falters, they will likely lop it off. If revenues stay flat, they will likely go with the status quo since revenue is a huge determination in a companies stock price. All of this is IMO obviously. __________________________________________________ Delphi-Talk mailing list -> [email protected] http://www.elists.org/mailman/listinfo/delphi-talk
