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#101
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![]() "Peter Gottlieb" wrote in message t... Doing a quick search for number of posts on the subject would then indicate you fly a low wing model? I have, from time to time, but I own an Aeronca Champ'. |
#102
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![]() "Peter Gottlieb" wrote in message news ![]() heh heh, I was just yanking his chain a bit. Probably means I owe him a beer or two someday. I didn't feel my chain being yanked, but I will NEVER refuse a beer. I don't care who's buyin'. |
#103
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Of course, the conventional wisdom is to dump the privates and keep the
generals, because you can get new privates more easily than you can get new generals. And in a variation of the Ma Joad philosophy, in a pinch a general can do a private's job, but a private probably cannot do a general's job. And this doesn't factor in the differences in value of an incompetent general vs. a high-achieving private. But "corporate memory" is a valuable asset: if you hire a new machinist, he generally doesn't need to know anything about the company in order to immediately become productive. All he needs to know is how to run his particular machine (and I am not denigrating the contributions of machinists). However, the production manager that the machinist works for doesn't need to know very much about the machines on the shop floor, but he does need to know a great deal about the company, notably such things as seasonal variances in production requirements, new products that will require shop floor changes, things like that. So it goes... And on a personal and unrelated note: George, based on a misidentification on my part, a short while back I insulted you ("argue with a fence post"). I have since become aware that it was someone else who had that unpleasant characteristic, and I feel I owe you an apology. Please consider one extended... "G.R. Patterson III" wrote in message ... Jay Honeck wrote: Perhaps this is why they are no longer employing so many people? There was certainly a distinct feeling to that effect amongst low-level employees. I recall during some of the 2002 layoffs, it was explained to a friend of mine that they were laying off low-level employees, but they were keeping their managers so that they would have their strategy layer intact and could "spring ahead" when the economy improved. Her opinion of this was that the people they were keeping were the people who were responsible for the company's problems. I still wouldn't go that far, but I *did* roll over the company stock in my 401K to another fund a while back. George Patterson If you don't tell lies, you never have to remember what you said. |
#105
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On Mon, 10 May 2004 11:38:42 GMT, "Jay Honeck"
wrote: Run a nicely profitable $60 million company and that income would not be out of line. :~) Keep it profitable in hard times and a higher number is certainly justified. Agreed -- but, remember, George was referring to MIDDLE level managers making that kind of money. I know quite a few project managers who made that much and they *might* be at the bottom end of the middle level management structure. OTOH, the ones making that kind of money were putting in so many hours they were making less per hour than many of the union people. They're not running nuthin'...and there isn't a mid-level manager in the world that is worth what my General Practioner makes. It depends on the who, what, when, and where. This is only lower to mid "middle class income" in many areas including here in central Michigan which isn't in the running when you look at New York, Mass, and California. Even here where the cost of living is far less than either coast you will usually find both husband and wife working at this level. Also, if I recall, George was in the telecommunications industry. With the increased competition in that field, the profit margins are way down. This area is predominately chemical industry and on the edge of the automotive to the south of us. Roger( retired and loving every minute of it) Halstead (K8RI & ARRL life member) (N833R, S# CD-2 Worlds oldest Debonair) www.rogerhalstead.com |
#106
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There aren't any airplanes that flap their wings, either.
C J Campbell wrote: There are no low wing birds. |
#107
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![]() "Jay Honeck" wrote in message news:6RJnc.62886$Ik.4785128@attbi_s53... Run a nicely profitable $60 million company and that income would not be out of line. :~) Keep it profitable in hard times and a higher number is certainly justified. Agreed -- but, remember, George was referring to MIDDLE level managers making that kind of money. Our middle managers make $75-100K, plus bonus of about 20%. They're not running nuthin'...and there isn't a mid-level manager in the world that is worth what my General Practioner makes. I suspect your GP makes a lot more, but has rather high expenses in operating his practice. Also, if I recall, George was in the telecommunications industry. With the increased competition in that field, the profit margins are way down. Given they had to write off major infrastructure costs a few years back (wasn't George referring to 2002?) their profit margins are probably damn near zero. I got laid off from the telecomm industry (Satellite Communications) in 2000. In a nineteen month period our company stock went from $13 a share to $103, then down to the penny stocks...then Chapter 7. The company had been in business since 1981. Company I'm with now (again) will do about (we project) $68M in revenue from eleven companies accross four lines of business. We think we will have a net return about $12M to the five partners/owners. Each company has it's own manager, whom is our employee as a middle manager. All in all, in the heyday of theTelecom industry, I'm sure $150-250K was not out of line. It was not such salaries that killed the companies, but the gearing up in infrastructure for the internet (at the demand of the FCC) that didn't materialize. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#108
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"G.R. Patterson III" writes:
"C. Paul Williams, MD" wrote: Do you prefer flying a high wing or low wing aircraft and why?... John Price said that the question is usually settled the first time you try to set up the lawn chairs in the shade of the wing at Sun'n Fun. Yes, high wing airplanes make fine stationary shade covers, which the manly low wing pilot makes use of after he jauntily slides his canopy back, climbs out and alights on terra firma. |
#109
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![]() David Megginson wrote: The spar is typically below the floor -- I don't have a hump on the floor of my Cherokee, and I don't remember ever seeing one in an airliner. I've seen them on some of the twins used for shuttles. George Patterson If you don't tell lies, you never have to remember what you said. |
#110
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![]() Bill Denton wrote: Please consider one extended... Accepted. Sorta wondered where that came from. George Patterson If you don't tell lies, you never have to remember what you said. |
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