Reply To: A new low in the American outboard scene

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October 28, 2020 at 4:32 pm #219547
JACQUES
Participant

    my background was telecoms (Bell aka Bell Sydtem ,Western Electric, Northern Electric etc….) AT&T was king of the long distance calls in the 70’s and all the cry babies wanted in on the cake forgetting the fact that AT&T and assoc telcos .were pooling their knowledge into Bell Labs to develop everything they needed to improve the quality of their services … transistors included if my memory is still OK .

    Well the FCC caved-in and broke up AT&T golden goose… the long distance call. Shareholdrs lost out to slew of competitors , fortunes were made and lost

    Today the same build-up of riches has swelled up the Apple- Amazon’ s of this world with individual wealth in the hundreds of billions … more probably than AT&T ever made.

    Dany DeVito’s movie “Other peoples money” explains part of it eating up the little guys…. like J&E 🙁

    https://www.youtube.com/watch?v=ce5D1VF4STo

    Joining AOMCI has priviledges 🙂