News Focus
News Focus
Followers 286
Posts 6187
Boards Moderated 0
Alias Born 06/27/2005

Re: bearcatrx post# 130325

Sunday, 03/04/2018 1:18:30 PM

Sunday, March 04, 2018 1:18:30 PM

Post# of 226110
Simple.
Buy out ALL potential competition and shelve it?!?!

Remember the famous rumor that a young engineer had designed a carburetor that got like 50 miles to the gallon back in the late 50's and early 60's???
Ford supposedly bought the patent & business from the guy for a hushed up amount of money back then (I want to say it was 5 million which was a fortune in like 1960) and once owned by ford, they basically shelved it.
Gasoline was 15 cents a gallon back then depending on where you lived and I lived on the East Coast.
A 50 MPG carburetor would have destroyed the gasoline market and ford simply could not let that happen........
As the story is told, give or take some details.

It is also a "functional device" for the holding co. so not only might they just buy and shelve, they might buy, shelve, and secretly try to sell a "reverse engineered" product to the competition.
Just because you are a "holding" company does not mean you buy business's to keep under the umbrella, you buy and sell company's, patents, products strategically for what benefits the "Mother-ship" (holding Co.) the best.

Just my 9 cents ..........

The question still remains: If Hans Vestberg works for VERIZON, not VERIZON WIRELESS, what does Verizon want with a smartphone company?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y