|Proverbs, aphorisms, quotations (English)||by Linux fortune|
| NEW YORK-- Kraft Foods, Inc. announced today that its board of|
directors unanimously rejected the $11 billion takeover bid by Philip
Morris and Co. A Kraft spokesman stated in a press conference that the
offer was rejected because the $90-per-share bid did not reflect the
true value of the company.
Wall Street insiders, however, tell quite a different story.
Apparently, the Kraft board of directors had all but signed the takeover
agreement when they learned of Philip Morris' marketing plans for one of
their major Middle East subsidiaries. To a person, the board voted to
reject the bid when they discovered that the tobacco giant intended to
reorganize Israeli Cheddar, Ltd., and name the new company Cheeses of Nazareth.
|Put your Nose to the Grindstone!|
-- Amalgamated Plastic Surgeons and Toolmakers, Ltd.
| Mr. Jones related an incident from "some time back" when IBM Canada|
Ltd. of Markham, Ont., ordered some parts from a new supplier in Japan. The
company noted in its order that acceptable quality allowed for 1.5 per cent
defects (a fairly high standard in North America at the time).
The Japanese sent the order, with a few parts packaged separately in
plastic. The accompanying letter said: "We don't know why you want 1.5 per
cent defective parts, but for your convenience, we've packed them separately."
-- Excerpted from an article in The (Toronto) Globe and Mail
|The personal computer market is about the same size as the total potato chip|
market. Next year it will be about half the size of the pet food market and
is fast approaching the total worldwide sales of pantyhose"
-- James Finke, Commodore Int'l Ltd., 1982
|This dungeon is owned and operated by Frobozz Magic Co., Ltd.|