----- Original Message -----
> >
> > The $130 billion conglomerate, which boldly predicted last June
that it would use >Internet technology to cut $10 billion in costs by
mid-2002, conceded last week that >it will only record $1.6 billion in
savings this year.
Hmmm, sounds like GE has already spent the $8.4 billion diff somewhere
else and is
not gonna find it through Net stuff. Look forward to a dip of that
magnitude
somewhere in next years finrep.
I love this modern number fiddling. "Savings" are spent before they
are
realized. 30 years ago a manager would get fired if he/she so much as
thought
of doing anything like this, nowadays it's bread-and-butter.
Cheers
Nuno Souto
[EMAIL PROTECTED]
http://www.users.bigpond.net.au/the_Den
--
Please see the official ORACLE-L FAQ: http://www.orafaq.com
--
Author: Nuno Souto
INET: [EMAIL PROTECTED]
Fat City Network Services -- (858) 538-5051 FAX: (858) 538-5051
San Diego, California -- Public Internet access / Mailing Lists
--------------------------------------------------------------------
To REMOVE yourself from this mailing list, send an E-Mail message
to: [EMAIL PROTECTED] (note EXACT spelling of 'ListGuru') and in
the message BODY, include a line containing: UNSUB ORACLE-L
(or the name of mailing list you want to be removed from). You may
also send the HELP command for other information (like subscribing).
