Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
IBM and Oracle are neither internet nor industrial, but service companies. Oracle shares with Microsoft and the "internet" outfits a pseudo-monopoly on their sector; but O and M are rapidly ageing, and will go the way of IBM (and Ford and GM) : they are lumbering on, overweight and not specially innovative, their pseudo-monopoly arriving at its expiry date.

At first glance, the pseudo-monopoly influences the "enterprise value" thing very strongly.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Mon Aug 19th, 2013 at 04:06:29 AM EST

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