Quote:
Originally posted by techweenie
FWIW, in the tech industry, HP/Compaq is considered to have been a very smart move.
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Not in the I-banking industry... this was a case study at a seminar I went to that set forth, in excruciating detail, exactly how many things (all of them) had to go exactly how "right" (completely) in order to result in the synergies that were promised.
Certainly not that taking risks is "bad", but there wasn't enough realistic upside to be realized from taking the risk to make it worth taking.
"The only bad risk is the one you're not compensated for taking."
JP