Porter's comments

[David Farber <farber@central.cis.upenn.edu>]

Date: Mon, 31 Jan 94 17:27:21 -0500
From: rjs@farnsworth.mit.edu (Richard Jay Solomon)


What significance should we attach to the fact that Porter's comments have
generated more copies in my mailbox today than almost anything else I have
seen in the past month?


>An article in the February issue of Smart Money, the monthly magazine
>published by the Wall Street Journal, quotes a Harvard Business School
>professor and consultant, regarding antitrust implications of the TCI &
>Bell-Atlantic merger. The article said he's skeptical that combining
>companies like Bell Atlantic and TCI will provide much of value to the
>economy. "I think there is a high bravado content in the whole
>telecommunications sector. People see it as explosive and are racing around
>doing things,and we may find in the end most of these things don't have
>much competitive logic," said Michael Porter.




[and .. also from Richard .. djf]


Definitely. One of our students commented that:


>on the michael porter thing - by the copies in the mailbox barometer,
>i would say that it means that if the new ventures were all publicly
>traded stocks, there would have been a big selling spree today.


She may want a job with them someday, so I will not use her name.


Richard