Posted on 10/31/2006 7:19:14 PM PST by Logophile
And to think Philips is hemorrhaging money now.
As long as industry is funded by wall street backed short term investors, not much money will be placed in long term R&D. It just doesn’t make good business sense.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.