Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: themeateater Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3604  
Subject: Eric Schmidt Date: 7/20/2000 2:11 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 3
This is pure speculation driven by a recent article in Red Herring:

Big Fish: Eric Schmidt, the future is calling

By Paul Kapustka,Redherring.com, July 19, 2000,


http://www.redherring.com/companies/2000/0719/com-bigfish071900.html
__________________________________________________________________

A few of the interesting points in the article include:

Mr. Schmidt's personal stock is a perennial blue chip. His resume is impressive, including stints at Xerox PARC and Bell Labs, which preceded his well-received 14-year run at Sun, where his most-recognized accomplishment was pushing Java to a winning position. Now, however, he's like the NBA star who finds himself playing for the Los Angeles Clippers: His individual skills are respected, but everyone in the league knows he's not going to win a championship there anytime soon. ..........

Since taking over as Novell's CEO in April 1997, Mr. Schmidt has been trying to change the way Novell thinks, making it more Internet-centric and less a Microsoft (Nasdaq: MSFT) competitor. But even Mr. Schmidt lapsed into the familiar competitive pigeonhole Novell has been in since the early '90s, when he first blamed (and later retracted) part of Novell's recent fiscal woes on competition from Windows 2000. .....

Mr. Schmidt may not like the comparison, but we'll take the poetic leap and compare Novell to a dusty town that once was booming but has now been bypassed by the railroads. And we'd hate to see Mr. Schmidt left behind as the Internet train goes running down the track.


IMO - XRX will also fit into this train story.
________________________________________________________________

Some other interesting articles on ES:

CEOs FOR THE NEXT CENTURY

http://www.forbes.com/forbes/99/0614/6312043a.htm

The Red Herring - Time is running out - October 1997

http://www.redherring.com/mag/issue47/out.html

Xerox's Proving Ground

http://www.feedmag.com/invent/parc.html

__________________________________________________________________

If we examin the pluses of XRX company most people will identify (there are others):

1.) Excellent Brand
2.) Excellent Marketing Organization
3.) Excellent R&D

While there are a lot of problems - three big ones come to mind are:

1.) Core Product lines are impacted by rapidly changing technologies and competitors.

2.) And the lack of Visionary Leadership.

3.) Disruption caused by reorganization efforts.

_________________________________________________________________

IMO - NOVL + XRX with ES at the helm will make for a very exciting company. ES has the right set of skills to get this big XRX ship moving again. He has experience dealing with failed reorganizations efforts (at NOVL in 1997). He understands the industry and the technologies. And finally, he is visionary.

There are benefits to a merger that transend ES. With an injection of XRX Marketing expertise NOVL will start moving again as well. I also think that NOVL's dealer network may be the type of allies XRX needs to break into the SOHO market. Furthermore NOVL becomes an outlet for many of the newer technologies being developed at PARC. And lastly, NOVL stock is now in the dumps so the deal shouldn't command a big premium.

Today, regardless of what they say, NOVL still thinks of themselves as a LAN company and XRX as a Copier company. NOVL thinks software, and XRX thinks hardware. IMO - If it's done right a combination of NOVL/XRX would have the merged company thinking like a Document Company which sells Solutions.

What do other Fools think?

Bruno the Meateater - (Disclosure - Long on NOVL & XRX)
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Smuggling Rice and Garlic
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement