Samsung 1tb sata HD reviews..?
Bob La Quey
robert.laquey at gmail.com
Thu Dec 4 23:10:48 PST 2008
On Thu, Dec 4, 2008 at 10:30 PM, Jeff Johnson <jeff.johnson at wsm.com> wrote:
> Too subtle?
Way too subtle, chuckle.
I recall an old friend, Gunner Bolz, who made some serious money from
this kind of problem. Back in the mid 80's a lot of minicomputer
people were converting to the huge 10 to 20 megabyte hard disks that
were becoming available for PCs.
Now these disks had serious infant death problems. Gunner was trying
to develop a storage intensive app at the time so he discovered the
problem. He also discovered a solution. Burn them in and reject the
Burning in disks was a better biz op than his app. So he started
ordering lots of disks burning them in and sending the bad ones back.
He sold the good ones at a premium.
Now here is the best part. He could get the disk companies ot give him
good payment terms. They would front him 30 to 60 days before he had
to pay. He sold the survivors of his burn in process COD. Result:
positive cash flow in a growing business. Now that is rare!
The disk manufacturers were awash in VC funding at the time. The
minicomputers guys locked in deadly competition with each other.
The net result was the minicomputer guys money flowed like water into
Gunner's coffers since he was getting a free ride from the VCs for
providing an important service.
Emerald Systems' former president sells his shares to Dutch company
The founder and former president of Emerald Systems Corp., Gunner
Bolz, ended his affiliation with the company late last week when he
sold his stake to an international investment banking group called
Kempen & Co.
Amsterdam-based Kempen on Thursday bought Bolz's shares for an
undisclosed amount, said Emerald President Bob Root. Kempen now holds
a minority share, roughly 25 percent to 30 percent of the firm, he
Bolz also is expected to resign his board seat within the next few
days, Root said.
"It's good for the company," Root said. "It kind of breaks us free."
Bolz launched the San ...
BobLQ "History does not repeat itself but it rhymes."
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