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