IP: death of bell labs?

[David Farber <farber () central cis upenn edu>]

I asked Ron if I could send this to IP and he said:


> Sure, send it on.
>
> Research in this country is dying.
>
> ron


Dave


Date: Fri, 22 Sep 1995 09:04:51 -0400 (EDT)
From: "Ron G. Minnich" <rminnich () Sarnoff COM>


att right now is a $69B company (not counting NCR, er, GIS, which takes it
to $77B). ATT now splits: Bell Labs is going to be part of a $20B company,
which looks kind of like western electric.  Anybody expect an equipment
company to maintain their commitment to bell labs, esp. given the
immediate almost-factor-of-four cash flow reduction, and the nature of
the business (which looks like cut-throat, low-margin).


Prediction: no more nobel prizes for people at bell labs. Maybe no more
bell labs? This is very sad.


ron


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