I rather suspect that HP did not think that they could make a major profit in this new field. No one estimated the future potential of small computers at that time. Remember the IBM decision to not own their PC operating system due to low volume projections. The first cellular telephones were intended for vehicle operation but now the vast majority are handheld. Few people have the ability to see into the future far enough to put their careers on the line by suggesting that a major push be directed into the unknown.
We are seeing the same process unfold in our LENR field. No one currently builds these types of devices so none of the big boys are willing to take an expensive chance. Once products become available openly and proven and purchase volumes accelerate they will jump in like a pack of wolves on a buffalo. We should see this action most likely within the next year by my estimate if we can get Rossi or DGT to cooperate. It might not be a bad idea to keep some investment funds available for the big ride that is surely coming. Dave -----Original Message----- From: Jed Rothwell <jedrothw...@gmail.com> To: vortex-l <vortex-l@eskimo.com> Sent: Wed, Aug 8, 2012 2:54 pm Subject: Re: [Vo]:Financial Gurus and the Apple Effect Ron Kita wrote: I read Woz and most recently I-Woz, and major corporations dismissed Apple on several accounts. I think it was an HP executive who said that "there is no market for a personal computer". I think that was the head of DEC. Wozniak offered HP the IP to the apple, because he designed it while working for them. They said no thanks, you can have it. Woz had nothing but good things to say about HP is his autobiography. The company has a reputation for being nice to employees, and fair. Perhaps they underestimated the market but my guess is they also wanted to give a 20-something engineer a chance to succeed on his own. - Jed